ENTERGY CORP /DE/ - FORM 8-K - EX-99.1 - EXHIBIT 99.1

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8-K - 8-K - ENTERGY CORP /DE/	a03117.htm

ENTERGY STATISTICAL REPORT

AND INVESTOR GUIDE

2016

Our Vision: We Power Life

Our Mission: We exist to operate a world-class energy business that creates sustainable value

for our four stakeholders – owners,

customers, employees and the communities

in which we operate.

Entergy Corporation is an integrated energy company engaged

primarily in electric power production and retail distribution operations.

Entergy owns and operates power plants with approximately

30,000 megawatts of electric generating capacity, including nearly

9,000 megawatts of nuclear power. Entergy delivers electricity to

2.9 million utility customers in Arkansas, Louisiana, Mississippi

and Texas. Entergy has annual revenues of approximately

$10.8 billion and nearly 13,000 employees.

We have assembled the statistics and facts in this report to support your review and analysis of Entergy’s results over the last five years.

This information is available in two electronic files, Excel and PDF in order to facilitate easier access and analysis.

Entergy Investor Relations



TABLE OF CONTENTS		Note: The Excel Tab labels correspond to the page numbers
		in the PDF version of the 2016 Statistical Report.
	Excel Tab		Excel Tab
ABOUT THIS PUBLICATION	Page 2	Utility Securities Detail	Page 31
FORWARD-LOOKING INFORMATION	Page 2	Utility Long-Term Debt and Preferred Stock	Page 31
REGULATION G COMPLIANCE	Page 2	Entergy Arkansas, Inc.	Page 31
ENTERGY AT A GLANCE	Pages 3 – 4	Entergy Louisiana, LLC	Page 32
		Entergy Mississippi, Inc.	Page 33
ENTERGY CORPORATION AND SUBSIDIARIES		Entergy New Orleans, Inc.	Page 33
Selected Financial and Operating Data	Page 5	Entergy Texas, Inc.	Page 34
Selected Financial Data	Page 5	System Energy Resources, Inc.	Page 34
Utility Electric Operating Data	Page 5	Utility Statistical Information	Page 35
Entergy Wholesale Commodities Operating Data	Page 5	Utility Total Capability	Page 35
Employees	Page 5	Utility Selected Operating Data	Page 35
Owned and Leased Capability	Page 5	Utility Consolidating Information	Page 36
Consolidated Quarterly Financial Metrics	Page 6	Entergy Arkansas, Inc.	Pages 37 – 38
Consolidated Annual Financial Metrics	Page 6	Entergy Louisiana, LLC	Pages 39 – 40
Financial Results	Page 7	Entergy Mississippi, Inc.	Pages 41 – 42
GAAP to Non-GAAP Reconciliations: Consolidated Quarterly Results	Page 7	Entergy New Orleans, Inc.	Pages 43 – 44
GAAP to Non-GAAP Reconciliations: Utility, Parent & Other Quarterly Results	Page 7	System Energy Resources, Inc.	Page 44
Consolidated Quarterly Special Items	Pages 8 – 9	Entergy Texas, Inc.	Pages 45 – 46
GAAP to Non-GAAP Reconciliations: Consolidated Annual Results	Page 10	Utility Nuclear Plant Statistics	Page 47
Consolidated Annual Special Items	Pages 11 – 12	Utility Regulatory Information	Page 48
Consolidated Statements of Operations	Page 13	State Regulatory Commissions	Page 48
Consolidating Income Statement	Page 14	Commission/Council Members	Page 48
Consolidated Balance Sheets	Pages 15 – 16
Consolidating Balance Sheet	Pages 17 – 18	ENTERGY WHOLESALE COMMODITIES
Consolidated Statements of Cash Flow	Pages 19 – 20	EWC Quarterly Financial Metrics	Page 49
Cash Flow Information by Business	Page 20	EWC Annual Financial Metrics	Page 49
Consolidated Statements of Changes in Equity	Page 21	EWC Quarterly Operational Metrics	Page 49
Consolidated Statements of Comprehensive	Page 22	EWC Annual Operational Metrics	Page 49
Income		EWC Total Capacity	Page 49
Consolidated Capital Expenditures	Page 23	EWC Nuclear Plant Statistics	Page 50
Entergy Corporation Securities Detail	Page 23	EWC Non-Nuclear Wholesale Assets	Page 50
Entergy Corporation Long-Term Debt	Page 23	Plant Statistics
Securities Ratings (Outlook)	Page 23	EWC Non-Nuclear Wholesale Assets	Page 50
Preferred Member Interests	Page 23	Plant Emissions
		EWC Nuclear Securities Detail	Page 51
UTILITY		EWC Non-Nuclear Wholesale Assets	Page 51
Utility Quarterly Financial Metrics	Page 24	Securities Detail
Utility Annual Financial Metrics	Page 24
Utility Securities Ratings (Outlook)	Page 24	DEFINITIONS OF OPERATIONAL MEASURES AND
Utility Historical Capital Expenditures	Page 24	GAAP AND NON-GAAP FINANCIAL MEASURES	Page 52
Utility Financial Results	Page 25
Utility Consolidating Income Statement	Page 25	REG G RECONCILIATIONS
Utility Consolidating Balance Sheet	Pages 26 – 27	Financial Measures	Pages 53 – 66
Utility Selected Annual Financial Metrics	Pages 28 – 30
		INVESTOR INFORMATION	Page 67



ABOUT THIS PUBLICATION
This publication is unaudited and should be used in conjunction with Entergy’s	• uncertainty regarding the establishment of interim or permanent sites for
2016 Annual Report to Shareholders and Form 10-K filed with the Securities	spent nuclear fuel and nuclear waste storage and disposal and the level of
and Exchange Commission. It has been prepared for information purposes and	spent fuel and nuclear waste disposal fees charged by the U.S.
is not intended for use in connection with any sale or purchase of, or any offer	government or other providers related to such sites
to buy, any securities of Entergy Corporation or its subsidiaries.	• variations in weather and the occurrence of hurricanes and other storms
	and disasters, including uncertainties associated with efforts to remediate
FORWARD-LOOKING INFORMATION	the effects of hurricanes, ice storms, or other weather events and the recovery
In this report and from time to time, Entergy Corporation makes statements concerning	of costs associated with restoration, including accessing funded storm reserves,
its expectations, beliefs, plans, objectives, goals, strategies, and future	federal and local cost recovery mechanisms, securitization, and insurance
events or performance. Such statements are “forward-looking statements”	• effects of climate change, including the potential for increases in sea
within the meaning of the Private Securities Litigation Reform Act of 1995.	levels or coastal land and wetland loss
Words such as “may,” “will,” “could,” “project,” “believe,” “anticipate,” “intend,”	• changes in the quality and availability of water supplies and the related
“expect,” “estimate,” “continue,” “potential,” “plan,” “predict,” “forecast,”	regulation of water use and diversion
and other similar words or expressions are intended to identify forward-looking	• Entergy’s ability to manage its capital projects and operation
statements but are not the only means to identify these statements. Although Entergy	and maintenance costs
believes that these forward-looking statements and the underlying assumptions are	• Entergy’s ability to purchase and sell assets at attractive prices
reasonable, it cannot provide assurance that they will prove correct. Any	and on other attractive terms
forward-looking statement is based on information current as of the date of this	• the economic climate, and particularly economic conditions in Entergy’s
report and speaks only as of the date on which such statement is made.	Utility service area and the Northeast United States and events and
Except to the extent required by the federal securities laws, Entergy undertakes	circumstances that could influence economic conditions in those areas,
no obligation to publicly update or revise any forward-looking statements,	including power prices, and the risk that anticipated load growth
whether as a result of new information, future events, or otherwise.	may not materialize
Forward-looking statements involve a number of risks and uncertainties.	• the effects of Entergy’s strategies to reduce tax payments
There are factors that could cause actual results to differ materially from those	• changes in the financial markets and regulatory requirements for the
expressed or implied in the forward-looking statements, including those	issuance of securities, particularly as they affect access to
factors discussed or incorporated by reference in (a) Item 1A. Risk Factors	capital and Entergy’s ability to refinance existing securities, execute
in the 2016 Form 10-K, (b) Management’s Financial Discussion and Analysis	share repurchase programs, and fund investments and acquisitions
in the 2016 Form 10-K, and (c) the following factors (in addition to others	• actions of rating agencies, including changes in the ratings of
described elsewhere in this report and in subsequent securities filings):	debt and preferred stock, changes in general corporate ratings,
• resolution of pending and future rate cases and negotiations,	and changes in the rating agencies’ ratings criteria
including various performance-based rate discussions,	• changes in inflation and interest rates
Entergy’s utility supply plan, and recovery of fuel and purchased power costs	• the effect of litigation and government investigations or proceedings
• long-term risks and uncertainties associated with the termination of the System	• changes in technology, including with respect to new, developing, or
Agreement in 2016, including the potential absence of federal authority to resolve	alternative sources of generation
certain issues among the Utility operating companies and their retail regulators	• the effects, including increased security costs, of threatened or actual
• regulatory and operating challenges and uncertainties and economic risks	terrorism, cyber-attacks or data security breaches, natural or man-made
associated with the Utility operating companies’ participation in MISO,	electromagnetic pulses that affect transmission or generation infrastructure,
including the effect of current or projected MISO market rules and	accidents, and war or a catastrophic event such as a nuclear accident or a
market and system conditions in the MISO markets, the allocation of MISO system	natural gas pipeline explosion
transmission upgrade costs, and the effect of planning decisions that MISO makes	• Entergy’s ability to attract and retain talented management and directors
with respect to future transmission investments by the Utility operating companies	• changes in accounting standards and corporate governance
• changes in utility regulation, including the beginning or end of retail and wholesale	• declines in the market prices of marketable securities and resulting funding
competition, the ability to recover net utility assets and other potential stranded	requirements and the effects on benefits costs for Entergy’s defined benefit
costs, and the application of more stringent transmission reliability requirements	pension and other postretirement benefit plans
or market power criteria by the FERC or the U.S. Department of Justice	• future wage and employee benefit costs, including changes
• changes in the regulation or regulatory oversight of Entergy’s nuclear generating	in discount rates and returns on benefit plan assets
facilities and nuclear materials and fuel, including with respect to the planned, potential	• changes in decommissioning trust fund values or earnings or in the
or actual shutdown of nuclear generating facilities owned or operated by	timing of, requirement for, or cost to decommission Entergy's nuclear plant
Entergy Wholesale Commodities and the effects of new or existing safety or	sites and the implementation of decommissioning of such sites
environmental concerns regarding nuclear power plants and nuclear fuel	following shutdown
• resolution of pending or future applications, and related regulatory proceedings	• the decision to cease merchant power generation at all Entergy
and litigation, for license renewals or modifications or other authorizations required	Wholesale Commodities nuclear power plants by as early as 2021, including
of nuclear generating facilities and the effect of public and political opposition on	the implementation of the planned shutdown of Pilgrim, Palisades,
these applications, regulatory proceedings and litigation	Indian Point 2, and Indian Point 3
• the performance of and deliverability of power from Entergy’s generation	• the effectiveness of Entergy’s risk management policies and procedures
resources, including the capacity factors at its nuclear generating facilities	and the ability and willingness of its counterparties to satisfy their
• the operation and maintenance of Entergy’s nuclear generating facilities require	financial and performance commitments
the commitment of substantial human and capital resources that can result in	• factors that could lead to impairment of long-lived assets
increased costs and capital expenditures	• the ability to successfully complete strategic transactions Entergy may
• Entergy’s ability to develop and execute on a point of view regarding future	undertake, including mergers, acquisitions, or divestitures, regulatory or
prices of electricity, natural gas, and other energy-related commodities	other limitations imposed as a result of any such strategic transaction



• prices for power generated by Entergy’s merchant generating	and the success of the business following any such strategic transaction
facilities and the ability to hedge, meet credit support requirements for hedges,
sell power forward or otherwise reduce the market price risk associated	REGULATION G COMPLIANCE
with those facilities, including the Entergy Wholesale Commodities nuclear plants	Financial performance measures shown in this report include those
• the prices and availability of fuel and power Entergy must purchase	calculated and presented in accordance with generally accepted
for its Utility customers, and Entergy’s ability to meet credit support	accounting principles (GAAP), as well as those that are considered
requirements for fuel and power supply contracts	non-GAAP measures. This report includes non-GAAP measures
• volatility and changes in markets for electricity, natural gas,	of operational earnings; operational EPS; adjusted earnings;
uranium, emissions allowances, and other energy-related commodities,	operational adjusted EBITDA; operational ROIC; operational ROE;
and the effect of those changes on Entergy and its customers	operational return on average member's equity; operational non-fuel operation
• changes in law resulting from federal or state energy legislation or	and maintenance expense; operational common dividend payout ratio;
legislation subjecting energy derivatives used in hedging and risk	gross liquidity; net debt to net capital ratio; debt to capital ratio, excluding
management transactions to governmental regulation	securitization debt; net debt to net capital ratio, excluding securitization debt;
• changes in environmental laws and regulations or associated litigation, including	parent debt to total debt ratio, excluding securitization debt;
requirements for reduced emissions of sulfur dioxide, nitrogen oxide, greenhouse	debt to operational adjusted EBITDA, excluding securitization debt;
gases, mercury, particulate matter, heat, and other regulated air and water emissions,	operational FFO to debt ratio, excluding securitization debt; operational
and changes in costs of compliance with environmental and other laws and regulations	net revenue when describing Entergy’s results of operations and financial
• the effects of changes in federal, state or local laws and regulations,	performance. We have prepared reconciliations of these measures to the
and other governmental actions or policies, including changes in	most directly comparable GAAP measures. Reconciliations can be found
monetary, fiscal, tax, environmental, or energy policies	on pages 7, 10, and 53 – 66.



ENTERGY AT A GLANCE

BUSINESS SEGMENT AND LEGAL ENTITY STRUCTURE OVERVIEW



Above diagram represents business segment structure as of 5/31/17 and does not necessarily represent complete legal entity organization structure
Only Entergy Wholesale Commodities plants with greater than 500 MWs of owned capacity are shown
(a) Vermont Yankee plant ceased power production on 12/29/14
(b) Unaffiliated third parties own 21%

2016 CORPORATE PROFILE		BUSINESS SEGMENTS
Entergy Corporation is a Fortune 500 integrated energy company		Entergy’s five year results in this report are presented in
engaged primarily in electric power production and retail		three business segments:
distribution operations.
• Approximately 30,000 MW electric generating capacity		• Utility
• Nearly 9,000 MW nuclear power		• Parent and Other
• 2.9 million utility customers		• Entergy Wholesale Commodities
• Approximately $10.8 billion annual revenues
• Nearly 13,000 employees
• 77 electric generating units operated



ENTERGY CORPORATION AND SUBSIDIARIES
BUSINESS SEGMENTS (CONTINUED)

UTILITY		ENTERGY WHOLESALE COMMODITIES (EWC)
Entergy’s utility companies generate, transmit, distribute, and sell		Entergy has announced the sale or closure of the EWC nuclear assets and the
electric power, and operate a small natural gas distribution business.		the sale of certain non-nuclear assets as part of Entergy's planned and
• Five electric utilities with 2.9 million customers		orderly exit from the merchant power business.
• Four states – Arkansas, Louisiana, Mississippi, Texas
• 22,000 MW generating capacity		EWC owns, operates and decommissions nuclear plants in the northern
• Two gas utilities with 199,000 customers		United States and sells the electric power produced by its operating plants to
		wholesale customers. EWC also provides services to other nuclear power plant
ENTERGY ARKANSAS, INC. (EAI)		owners and owns interests in non-nuclear power plants that sell the electric power
Entergy Arkansas generates, transmits, distributes, and sells electric		produced by those plants to wholesale customers.
power to 707,000 retail customers in portions of Arkansas.
		• 4,406 MW nuclear-owned generating capacity in five units in northern U.S. as of
ENTERGY LOUISIANA, LLC (ELL)		12/31/16
Entergy Louisiana generates, transmits, distributes, and sells electric		• Pilgrim Nuclear Power Station in Plymouth, Massachusetts
power to 1,072,000 retail customers in portions of Louisiana. Entergy		• James A. FitzPatrick Nuclear Power Plant in Oswego, New York
Louisiana also provides natural gas service to 93,000 customers in		• Indian Point Energy Center Units 2 and 3 in Buchanan, New York
the Baton Rouge, Louisiana area.		• Palisades Nuclear Plant in Covert, Michigan
		• 394 net MW non-nuclear generating capacity
ENTERGY MISSISSIPPI, INC. (EMI)		• 800 MW under management services contract
Entergy Mississippi generates, transmits, distributes, and sells electric		• Cooper Nuclear Station located near Brownville, Nebraska
power to 447,000 retail customers in portions of Mississippi.

ENTERGY NEW ORLEANS, INC. (ENOI)		FitzPatrick was sold in early 2017. In 2018, Entergy plans to close
Entergy New Orleans generates, transmits, distributes, and sells		Palisades, followed by Pilgrim in 2019 and Indian Point Unit 2 in 2020 and Unit 3
electric power to 198,000 retail customers in the city of New Orleans,		in 2021.
Louisiana. Entergy New Orleans also provides natural gas utility
service to 106,000 customers in the city of New Orleans.		Vermont Yankee Nuclear Power Station was shutdown at the end of 2014.
		Entergy has entered into an agreement to sell Vermont Yankee. The transaction
ENTERGY TEXAS, INC. (ETI)		is expected to close by the end of 2018.
Entergy Texas generates, transmits, distributes, and sells electric power
to 444,000 retail customers in portions of Texas.

SYSTEM ENERGY RESOURCES, INC. (SERI)
System Energy owns or leases 90% of the Grand Gulf 1 nuclear
generating facility. System Energy sells energy and capacity from
Grand Gulf 1 at wholesale to Entergy Arkansas (36%), Entergy Louisiana (14%),
Entergy Mississippi (33%) and Entergy New Orleans (17%).

UTILITY NUCLEAR PLANTS
Entergy owns and operates five nuclear units at four plant sites to serve
its regulated utility business: Arkansas Nuclear One (ANO) Units 1 and 2
near Russellville, Arkansas; Grand Gulf Nuclear Station in Port Gibson,
Mississippi; River Bend Station in St. Francisville, Louisiana and
Waterford 3 in Killona, Louisiana.



SELECTED FINANCIAL AND OPERATING DATA

SELECTED FINANCIAL DATA
	2016		2015		2014		2013		2012
GAAP MEASURES
Operating Revenues ($ millions)	10,846		11,513		12,495		11,391		10,302
As-Reported Net Income (Loss) Attributable to Entergy Corporation ($ millions)	(584	)	(177	)	941		712		847
As-Reported Earnings Per Share ($)	(3.26	)	(0.99	)	5.22		3.99		4.76
Common Dividend Paid Per Share ($)	3.42		3.34		3.32		3.32		3.32
Common Dividend Payout Ratio – As-Reported (%)	(104	)	(339	)	64		83		70
NON-GAAP MEASURES
Operational Earnings ($ millions)	1,272		1,076		1,050		957		1,109
Operational Earnings Per Share ($)	7.11		6.00		5.83		5.36		6.23
Special Items ($ millions)	(1,855	)	(1,252	)	(109	)	(245	)	(262	)
Special Items Per Share ($)	(10.37	)	(6.99	)	(0.61	)	(1.37	)	(1.47	)
Common Dividend Payout Ratio – Operational (%)	48		56		57		62		53


UTILITY ELECTRIC OPERATING DATA
	2016		2015		2014		2013		2012
Retail Kilowatt-Hour Sales (millions)	112,595		112,312		110,910		107,781		107,004
Peak Demand (megawatts)	21,387		21,730		20,472		21,581		21,866
Retail Customers – Year End (thousands)	2,868		2,845		2,818		2,800		2,778


ENTERGY WHOLESALE COMMODITIES OPERATING DATA
	2016		2015		2014		2013		2012
Billed Electric Energy Sales (gigawatt hours)	35,881		39,745		44,424		45,127		46,178


EMPLOYEES
	2016		2015		2014		2013		2012
Total Employees – Year End	13,513		13,579		13,393		13,808		14,625



OWNED AND LEASED CAPABILITY (MW)(a)
As of December 31, 2016

	EAI	ELL	EMI	ENOI	ETI	SERI	EWC(b)(c)	Total
Gas/Oil	2,143	7,081	3,102	512	2,007	—	213	15,058
Coal	1,196	359	420	—	265	—	181	2,421
Total Fossil	3,339	7,440	3,522	512	2,272	—	394	17,479
Nuclear	1,818	2,132	—	—	—	1,272	4,406	9,628
Hydro	74	—	—	—	—	—	—	74
Total	5,231	9,572	3,522	512	2,272	1,272	4,800	27,181
(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.
(b) Nuclear reflects Net MW in Operation. Net MW in Operation is the installed capacity owned and operated. Excludes management services contract for Cooper Nuclear Station.
(c) Fossil reflects nameplate rating of generating unit and excludes capacity under contract.



CONSOLIDATED ENTERGY CORPORATION AND SUBSIDIARIES DATA

CONSOLIDATED QUARTERLY FINANCIAL METRICS

	2016								2015								FY %
	1Q		2Q	3Q	4Q		FY		1Q	2Q	3Q		4Q		FY		CHANGE
GAAP MEASURES
ROIC – As-Reported (%)(a)	0.7		2.4	7.0	(0.7	)	(0.7	)	5.1	5.0	1.1		1.0		1.0		(1.7	)
ROE – As-Reported (%)(a)	(2.5	)	1.7	13.4	(6.7	)	(6.7	)	8.3	7.9	(1.6	)	(1.8	)	(1.8	)	(4.9	)
Book Value per share	$52.38		$54.54	$56.21	$45.12		$45.12		$56.45	$56.58	$51.33		$51.89		$51.89		(6.77	)
End of period shares outstanding (millions)	178.7		178.9	179.1	179.1		179.1		179.5	179.5	178.4		178.4		178.4		0.7
Cash and cash equivalents ($ millions)	1,092		996	1,307	1,188		1,188		1,181	910	1,041		1,351		1,351		(163	)
Revolver Capacity ($ millions)	3,794		4,173	4,243	3,720		3,720		3,779	4,158	3,869		3,582		3,582		138
Commercial paper ($ millions)	578		853	264	344		344		762	895	664		422		422		(78	)
Total Debt ($ millions)	15,092		14,837	15,073	15,275		15,275		14,044	13,858	14,144		13,850		13,850		1,425
Securitization debt ($ millions)	752		716	698	661		661		762	734	814		775		775		(114	)
Debt to Capital (%)	60.9		59.6	59.4	64.8		64.8		57.4	57.0	60.2		59.1		59.1		5.7
Off-Balance Sheet Liabilities ($ millions)
Debt of Joint Ventures – Entergy’s Share	77		76	74	72		72		81	80	78		77		77		(5	)
Leases – Entergy’s Share	359		359	359	397		397		422	422	422		359		359		38
Power Purchase Agreements Accounted for as Leases(b)	195		195	195	166		166		224	224	224		195		195		(29	)
Total Off-Balance Sheet Liabilities	631		630	628	635		635		727	726	724		631		631		4

NON-GAAP MEASURES
ROIC – Operational (%)(a)	5.8		7.5	7.9	7.2		7.2		5.6	5.4	5.6		6.3		6.3		0.9
ROE – Operational (%)(a)	10.4		14.3	15.6	14.7		14.7		9.4	8.8	9.6		11.2		11.2		3.5
Total Gross Liquidity ($ millions)	4,886		5,169	5,550	4,908		4,908		4,960	5,068	4,910		4,933		4,933		(25	)
Debt to Capital Ratio, Excluding Securitization Debt (%)	59.7		58.4	58.3	63.8		63.8		56.0	55.6	58.7		57.7		57.7		6.1
Net Debt to Net Capital, Excluding Securitization Debt (%)	57.8		56.6	55.9	61.8		61.8		53.7	53.9	56.7		55.0		55.0		6.8
Parent Debt to Total Debt, Excluding Securitization Debt (%)	19.5		19.1	19.4	19.8		19.8		20.9	20.3	20.9		21.9		21.9		(2.1	)
Debt to Operational EBITDA, Excluding Securitization Debt (times)	4.6		4.4	4.2	4.1		4.1		3.9	3.9	3.9		4.1		4.1		—
Operational FFO to Debt, Excluding Securitization Debt (%)	21.0		21.1	21.1	18.8		18.8		28.2	28.4	25.4		25.7		25.7		(6.9	)
Totals may not foot due to rounding.
(a) Rolling twelve months.
(b) For further detail, see Note 10 on page 158 of the 2016 SEC Form 10-K.



CONSOLIDATED ANNUAL FINANCIAL METRICS

	2016		2015		2014	2013	2012
GAAP MEASURES
ROIC – As-Reported (%)	(0.7	)	1.0		5.6	4.7	5.5
ROE – As-Reported (%)	(6.7	)	(1.8	)	9.6	7.6	9.3
Book Value per share	$45.12		$51.89		$55.83	$54.00	$51.72
End of period shares outstanding (millions)	179.1		178.4		179.2	178.4	177.8
Cash and cash equivalents ($ millions)	1,188		1,351		1,422	739	533
Revolver Capacity ($ millions)	3,720		3,582		3,592	3,977	3,462
Commercial paper ($ millions)	344		422		484	1,045	665
Total Debt ($ millions)	15,275		13,850		13,917	13,562	13,358
Securitization debt ($ millions)	661		775		777	883	973
Debt to Capital (%)	64.8		59.1		57.4	57.7	58.5
Off-Balance Sheet Liabilities ($ millions)
Debt of Joint Ventures – Entergy’s Share	72		77		81	86	90
Leases – Entergy’s Share	397		359		422	456	505
Power Purchase Agreements Accounted for as Leases(a)	166		195		224	253	282
Total Off-Balance Sheet Liabilities	635		631		727	795	877

NON-GAAP MEASURES
ROIC – Operational (%)	7.2		6.3		6.1	5.8	6.6
ROE – Operational (%)	14.7		11.2		10.7	10.2	12.2
Total Gross Liquidity ($ millions)	4,908		4,933		5,014	4,716	3,995
Debt to Capital, Excluding Securitization Debt (%)	63.8		57.7		56.0	56.1	56.6
Net Debt to Net Capital, Excluding Securitization Debt (%)	61.8		55.0		53.2	54.6	55.6
Parent Debt to Total Debt, Excluding Securitization Debt (%)	19.8		21.9		20.4	21.9	23.7
Debt to Operational EBITDA, Excluding Securitization Debt (times)	4.1		4.1		3.7	4.0	4.1
Operational FFO to Debt, Excluding Securitization Debt (%)	18.8		25.7		27.8	27.0	24.0
Totals may not foot due to rounding.
(a) For further detail, see Note 10 on page 158 of the 2016 SEC Form 10-K.



FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED QUARTERLY RESULTS – GAAP TO NON-GAAP RECONCILIATION

	2016										2015										FY
(After-tax, per share in $)	1Q		2Q		3Q		4Q		FY		1Q		2Q		3Q		4Q		FY		CHANGE
AS-REPORTED
Utility	1.09		2.09		2.47		0.67		6.34		1.24		1.11		2.01		1.75		6.12		0.22
Parent & Other	(0.25	)	(0.32	)	(0.35	)	(0.32	)	(1.24	)	(0.27	)	(0.26	)	(0.29	)	(0.33	)	(1.15	)	(0.09	)
Entergy Wholesale Commodities	0.44		1.39		0.04		(10.23	)	(8.36	)	0.68		(0.02	)	(5.76	)	(0.86	)	(5.96	)	(2.40	)
CONSOLIDATED AS-REPORTED EARNINGS	1.28		3.16		2.16		(9.88	)	(3.26	)	1.65		0.83		(4.04	)	0.56		(0.99	)	(2.27	)
LESS SPECIAL ITEMS
Utility	—		—		—		—		—		—		—		—		—		—		—
Parent & Other	—		—		—		—		—		—		—		—		—		—		—
Entergy Wholesale Commodities	(0.07	)	0.05		(0.15	)	(10.19	)	(10.37	)	(0.03	)	—		(5.94	)	(1.02	)	(6.99	)	(3.38	)
TOTAL SPECIAL ITEMS	(0.07	)	0.05		(0.15	)	(10.19	)	(10.37	)	(0.03	)	—		(5.94	)	(1.02	)	(6.99	)	(3.38	)
OPERATIONAL
Utility	1.09		2.09		2.47		0.67		6.34		1.24		1.11		2.01		1.75		6.12		0.22
Parent & Other	(0.25	)	(0.32	)	(0.35	)	(0.32	)	(1.24	)	(0.27	)	(0.26	)	(0.29	)	(0.33	)	(1.15	)	(0.09	)
Entergy Wholesale Commodities	0.51		1.34		0.19		(0.04	)	2.01		0.71		(0.02	)	0.18		0.16		1.03		0.98
CONSOLIDATED OPERATIONAL EARNINGS	1.35		3.11		2.31		0.31		7.11		1.68		0.83		1.90		1.58		6.00		1.11

Weather Impact	(0.14	)	(0.09	)	0.18		0.11		0.06		0.08		(0.02	)	0.16		(0.03	)	0.19		(0.13	)

SHARES OF COMMON STOCK OUTSTANDING
($ millions)
End of period	178.7		178.9		179.1		179.1		179.1		179.5		179.5		178.4		178.4		178.4		0.7
Weighted average - diluted	179.0		179.5		180.0		179.1		178.9		180.5		180.1		179.2		179.1		179.2		(0.3	)
Totals may not foot due to rounding.


UTILITY, PARENT & OTHER QUARTERLY RESULTS – GAAP TO NON-GAAP RECONCILIATION

	2016										2015										FY
($ millions)	1Q		2Q		3Q		4Q		FY		1Q		2Q		3Q		4Q		FY		CHANGE
Utility as-reported earnings	194.9		375.6		443.3		120.4		1,134.2		223.4		199.7		360.0		313.7		1,096.9		37.3
Parent & Other as-reported earnings (loss)	(44.0	)	(58.6	)	(62.8	)	(57.1	)	(222.5	)	(48.3	)	(46.8	)	(51.1	)	(59.5	)	(205.6	)	(16.9	)
UP&O AS-REPORTED EARNINGS	151.0		317.0		380.5		63.3		911.7		175.2		152.9		308.9		254.3		891.3		20.4
LESS:
Special items	—		—		—		—		—		—		—		—		—		—		—

Weather	(41.3	)	(26.6	)	55.0		31.0		18.1		23.2		(4.7	)	47.6		(9.9	)	56.3		(38.2	)
Tax effect of weather (a)	15.9		10.3		(21.2	)	(12.0	)	(7.0	)	(8.9	)	1.8		(18.3	)	3.8		(21.7	)	14.7
Estimated weather impact (after-tax)	(25.4	)	(16.3	)	33.8		19.1		11.1		14.3		(2.9	)	29.3		(6.1	)	34.6		(23.5	)

Customer sharing	—		(16.1	)	—		—		(16.1	)	—		—		—		(107.0	)	(107.0	)	90.9
Tax effect of customer sharing (a)	—		6.2		—		—		6.2		—		—		—		41.2		41.2		(35.0	)
Other income tax items	6.0		132.4		(6.6	)	(4.9	)	126.9		23.0		(0.4	)	—		347.5		370.0		(243.1	)
Tax items, net of customer sharing	6.0		122.5		(6.6	)	(4.9	)	117.0		23.0		(0.4	)	—		281.6		304.2		(187.2	)

UP&O ADJUSTED EARNINGS (LOSS)	170.3		210.8		353.3		49.2		783.6		137.9		156.2		279.7		(21.3	)	552.5		231.1

(After-tax, per share in $)
UP&O as-reported earnings	0.84		1.77		2.12		0.35		5.10		0.97		0.85		1.72		1.42		4.97		0.13
LESS:
Special items	—		—		—		—		—		—		—		—		—		—		—

Weather	(0.14	)	(0.09	)	0.18		0.11		0.06		0.08		(0.02	)	0.16		(0.03	)	0.19		(0.13	)
Tax items, net of customer sharing	0.03		0.68		(0.04	)	(0.03	)	0.66		0.13		—		—		1.57		1.70		(1.04	)
UP&O ADJUSTED EARNINGS (LOSS)	0.95		1.18		1.98		0.27		4.38		0.76		0.87		1.56		(0.12	)	3.08		1.30
Totals may not foot due to rounding.
(a) Income tax effect is calculated by multiplying the pre-tax amount by the estimated income tax rates that are expected to apply to those adjustments.



FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED QUARTERLY SPECIAL ITEMS - BY ITEM TYPE
Shown as Positive/(Negative) Impact on Earnings

	2016										2015										FY
(Pre-tax except for income tax effects and total, $ millions)	1Q		2Q		3Q		4Q		FY		1Q		2Q		3Q		4Q		FY		CHANGE
ENTERGY WHOLESALE COMMODITIES SPECIAL ITEMS
EWC Nuclear plant impairments and costs associated with decisions to close or sell plants	(19.9	)	(19.0	)	(42.4	)	(2,828.5	)	(2,909.8	)	(7.2	)	(1.6	)	(1,644.0	)	(400.7	)	(2,053.5	)	(856.3	)
Top Deer investment impairment	—		—		—		—		—		—		—		—		(36.8	)	(36.8	)	36.8
Gain on the sale of RISEC	—		—		—		—		—		—		—		—		154.0		154.0		(154.0	)
DOE litigation awards for VY and FitzPatrick	—		33.8		—		—		33.8		—		—		—		—		—		33.8
Income tax effect on adjustments items above (a)	7.0		(5.2	)	15.0		1,003.9		1,020.7		2.5		0.6		580.3		100.4		683.8		336.9
Total	(12.9	)	9.6		(27.5	)	(1,824.6	)	(1,855.3	)	(4.6	)	(1.1	)	(1,063.7	)	(183.0	)	(1,252.4	)	(602.9	)
TOTAL SPECIAL ITEMS	(12.9	)	9.6		(27.5	)	(1,824.6	)	(1,855.3	)	(4.6	)	(1.1	)	(1,063.7	)	(183.0	)	(1,252.4	)	(602.9	)



	2016										2015										FY
(After-tax, per share in $) (b)	1Q		2Q		3Q		4Q		FY		1Q		2Q		3Q		4Q		FY		CHANGE
ENTERGY WHOLESALE COMMODITIES SPECIAL ITEMS
EWC Nuclear plant impairments and costs associated with decisions to close or sell plants	(0.07	)	(0.07	)	(0.15	)	(10.19	)	(10.49	)	(0.03	)	—		(5.94	)	(1.45	)	(7.42	)	(3.07	)
Top Deer investment impairment	—		—		—		—		—		—		—		—		(0.13	)	(0.13	)	0.13
Gain on the sale of RISEC	—		—		—		—		—		—		—		—		0.56		0.56		(0.56	)
DOE litigation awards for VY and FitzPatrick	—		0.12		—		—		0.12		—		—		—		—		—		0.12
Total	(0.07	)	0.05		(0.15	)	(10.19	)	(10.37	)	(0.03	)	—		(5.94	)	(1.02	)	(6.99	)	(3.38	)
TOTAL SPECIAL ITEMS	(0.07	)	0.05		(0.15	)	(10.19	)	(10.37	)	(0.03	)	—		(5.94	)	(1.02	)	(6.99	)	(3.38	)
Totals may not foot due to rounding.
(a) Income tax effect is calculated by multiplying the pre-tax amount by the estimated income tax rate that is expected to apply.
(b) EPS effect is calculated by multiplying the pre-tax amount by the estimated income tax rate that is expected to apply to each adjustment and then dividing by the fully diluted average shares outstanding for the period.



FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED QUARTERLY SPECIAL ITEMS - BY INCOME STATEMENT LINE ITEM
Shown as Positive/(Negative) Impact on Earnings

	2016										2015										FY
(Pre-tax except for Income taxes and Total, $ millions)	1Q		2Q		3Q		4Q		FY		1Q		2Q		3Q		4Q		FY		CHANGE
ENTERGY WHOLESALE COMMODITIES SPECIAL ITEMS
Net revenue (a)	—		—		7.5		33.3		40.7		—		—		—		—		—		40.7
Non-fuel O&M	(11.5	)	22.7		(29.3	)	(57.5	)	(75.6	)	(7.5	)	(1.6	)	(1.7	)	(6.2	)	(17.0	)	(58.6	)
Taxes other than income taxes	(1.0	)	(0.9	)	(1.8	)	(1.8	)	(5.5	)	0.3		—		(0.1	)	(0.5	)	(0.3	)	(5.2	)
Asset write-offs and impairments	(7.4	)	(7.0	)	(18.8	)	(2,802.5	)	(2,835.6	)	—		—		(1,642.2	)	(394.0	)	(2,036.2	)	(799.4	)
Gain on sale of asset	—		—		—		—		—		—		—		—		154.0		154.0		(154.0	)
Miscellaneous net (other income)	—		—		—		—		—		—		—		—		(36.8	)	(36.8	)	36.8
Income taxes (b)	7.0		(5.2	)	15.0		1,003.9		1,020.7		2.5		0.6		580.3		100.4		683.8		336.9
Total	(12.9	)	9.6		(27.5	)	(1,824.6	)	(1,855.3	)	(4.6	)	(1.1	)	(1,063.7	)	(183.0	)	(1,252.4	)	(602.9	)
TOTAL SPECIAL ITEMS	(12.9	)	9.6		(27.5	)	(1,824.6	)	(1,855.3	)	(4.6	)	(1.1	)	(1,063.7	)	(183.0	)	(1,252.4	)	(602.9	)
Totals may not foot due to rounding.
(a) Operating revenue less fuel, fuel related expenses and purchased power.
(b) Income taxes represents the income tax effect of the special items which were calculated using the estimated income tax rate that is expected to apply to each item.



FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED ANNUAL RESULTS – GAAP TO NON-GAAP RECONCILIATION

(After-tax, per share in $)	2016		2015		2014		2013		2012
AS-REPORTED
Utility	6.34		6.12		4.60		4.64		5.30
Parent & Other	(1.24	)	(1.15	)	(1.00	)	(0.89	)	(0.77	)
Entergy Wholesale Commodities	(8.36	)	(5.96	)	1.62		0.24		0.23
CONSOLIDATED AS-REPORTED EARNINGS	(3.26	)	(0.99	)	5.22		3.99		4.76
LESS SPECIAL ITEMS
Utility	—		—		(0.04	)	(0.16	)	(0.21	)
Parent & Other	—		—		—		0.02		—
Entergy Wholesale Commodities	(10.37	)	(6.99	)	(0.57	)	(1.23	)	(1.26	)
TOTAL SPECIAL ITEMS	(10.37	)	(6.99	)	(0.61	)	(1.37	)	(1.47	)
OPERATIONAL
Utility	6.34		6.12		4.64		4.80		5.51
Parent & Other	(1.24	)	(1.15	)	(1.00	)	(0.91	)	(0.77	)
Entergy Wholesale Commodities	2.01		1.03		2.19		1.47		1.49
CONSOLIDATED OPERATIONAL EARNINGS	7.11		6.00		5.83		5.36		6.23
Weather Impact	(0.06	)	0.19		0.07		—		(0.09	)
Totals may not foot due to rounding.



FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED ANNUAL SPECIAL ITEMS - BY ITEM TYPE
Shown as Positive/(Negative) Impact on Earnings

(Pre-tax except for income tax effects and total, $ millions)	2016		2015		2014		2013		2012
UTILITY SPECIAL ITEMS
Transmission business spin-merge expenses	—		—		—		(35.7	)	(38.2	)
HCM implementation expenses	—		—		(13.2	)	(33.1	)	—
Income tax effect on Utility adjustments above	—		—		5.6		39.9		1.0
Total	—		—		(7.6	)	(29.0	)	(37.1	)
PARENT & OTHER SPECIAL ITEMS
Transmission business spin-merge expenses	—		—		—		5.5		(1.0	)
HCM implementation expenses	—		—		—		(3.0	)	—
Income tax effect on Parent & Other adjustments above	—		—		—		1.2		—
Total	—		—		—		3.6		(1.0	)
ENTERGY WHOLESALE COMMODITIES SPECIAL ITEMS
EWC Nuclear plant impairments and costs associated with decisions to close or sell plants	(2,909.8	)	(2,053.5	)	(154.5	)	(343.1	)	(355.5	)
Top Deer investment impairment	—		(36.8	)	—		—		—
Gain on the sale of RISEC	—		154.0		—		—		—
DOE litigation awards for VY and FitzPatrick	33.8		—		—		—		—
HCM implementation expenses	—		—		(3.4	)	(24.4	)	—
Income tax effect on EWC adjustments above (a)	1,020.7		683.8		56.1		147.7		132.1
Total	(1,855.3	)	(1,252.4	)	(101.8	)	(219.8	)	(223.5	)
TOTAL SPECIAL ITEMS	(1,855.3	)	(1,252.4	)	(109.4	)	(245.2	)	(261.6	)

(After-tax, per share in $) (b)	2016		2015		2014		2013		2012
UTILITY SPECIAL ITEMS
Transmission business spin-merge expenses	—		—		—		(0.05	)	(0.21	)
HCM implementation expenses	—		—		(0.04	)	(0.11	)	—
Total	—		—		(0.04	)	(0.16	)	(0.21	)
PARENT & OTHER SPECIAL ITEMS
Transmission business spin-merge expenses	—		—		—		0.03		—
HCM implementation expenses	—		—		—		(0.01	)	—
Total	—		—		—		0.02		—
ENTERGY WHOLESALE COMMODITIES SPECIAL ITEMS
EWC Nuclear plant impairments and costs associated with decisions to close or sell plants	(10.49	)	(7.42	)	(0.56	)	(1.15	)	(1.26	)
Top Deer investment impairment	—		(0.13	)	—		—		—
Gain on the sale of RISEC	—		0.56		—		—		—
DOE litigation awards for VY and FitzPatrick	0.12		—		—		—		—
HCM implementation expenses	—		—		(0.01	)	(0.08	)	—
Total	(10.37	)	(6.99	)	(0.57	)	(1.23	)	(1.26	)
TOTAL SPECIAL ITEMS	(10.37	)	(6.99	)	(0.61	)	(1.37	)	(1.47	)
Totals may not foot due to rounding.
(a) Income tax effect is calculated by multiplying the pre-tax amount by the estimated income tax rate that is expected to apply.
(b) EPS effect is calculated by multiplying the pre-tax amount by the estimated income tax rate that is expected to apply to each adjustment and then dividing by the
fully diluted average shares outstanding for the period.



FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED ANNUAL SPECIAL ITEMS - BY INCOME STATEMENT LINE ITEM
Shown as Positive/(Negative) Impact on Earnings

(Pre-tax except for Income taxes and Total, $ millions)	2016		2015		2014		2013		2012
UTILITY SPECIAL ITEMS
Net revenue (a)	—		—		—		5.7		—
Non-fuel O&M	—		—		(12.6	)	(64.0	)	(38.2	)
Taxes other than income taxes	—		—		(0.6	)	(1.0	)	—
Asset write-offs and impairments	—		—		—		(9.4	)	—
Income taxes (c)	—		—		5.6		39.7		1.0
Total	—		—		(7.6	)	(29.0	)	(37.1	)
PARENT & OTHER SPECIAL ITEMS
Non-fuel O&M	—		—		—		(0.3	)	(1.0	)
Asset write-offs and impairments	—		—		—		(2.8	)	—
Income taxes (c)	—		—		—		6.7		—
Total	—		—		—		3.6		(1.0	)
ENTERGY WHOLESALE COMMODITIES SPECIAL ITEMS
Net revenue (b)	40.7		—		—		—		—
Non-fuel O&M	(75.6	)	(17.0	)	(46.8	)	(37.1	)	—
Taxes other than income taxes	(5.5	)	(0.3	)	(3.6	)	(1.1	)	—
Asset write-offs and impairments	(2,835.6	)	(2,036.2	)	(107.5	)	(329.3	)	(355.5	)
Gain on sale of asset	—		154.0		—		—		—
Miscellaneous net (other income)	—		(36.8	)	—		—		—
Income taxes (c)	1,020.7		683.8		56.1		147.7		132.1
Total	(1,855.3	)	(1,252.4	)	(101.8	)	(219.8	)	(223.5	)
TOTAL SPECIAL ITEMS	(1,855.3	)	(1,252.4	)	(109.4	)	(245.2	)	(261.6	)
Totals may not foot due to rounding.
(a) Operating revenue less fuel, fuel related expenses and gas purchased for resale, purchased power and other regulatory charges (credits) – net.
(b) Operating revenue less fuel, fuel related expenses and purchased power.
(c) Income taxes represents the income tax effect of the special items which were calculated using the estimated income tax rate that is expected
to apply to each item.
























(Page left blank intentionally)



FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

In thousands, except share data, for the years ended December 31,	2016			2015			2014			2013			2012
OPERATING REVENUES:
Electric	$	8,866,659		$	9,308,678		$	9,591,902		$	8,942,360		$	7,870,649
Natural gas	129,348			142,746			181,794			154,353			130,836
Competitive businesses	1,849,638			2,061,827			2,721,225			2,294,234			2,300,594
Total	10,845,645			11,513,251			12,494,921			11,390,947			10,302,079
OPERATING EXPENSES:
Operation and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	1,809,200			2,452,171			2,632,558			2,445,818			2,036,835
Purchased power	1,220,527			1,390,805			1,915,414			1,554,332			1,255,800
Nuclear refueling outage expenses	208,678			251,316			267,679			256,801			245,600
Other operation and maintenance	3,296,711			3,354,981			3,310,536			3,331,934			3,045,392
Asset write-offs, impairments, and related charges	2,835,637			2,104,906			179,752			341,537			355,524
Decommissioning	327,425			280,272			272,621			242,104			184,760
Taxes other than income taxes	592,502			619,422			604,606			600,350			557,298
Depreciation and amortization	1,347,187			1,337,276			1,318,638			1,261,044			1,144,585
Other regulatory charges (credits) – net	94,243			175,304			(13,772		)	45,597			175,104
Total	11,732,110			11,966,453			10,488,032			10,079,517			9,000,898
Gain on sale of asset/business	—			154,037			—			43,569			—
OPERATING INCOME (LOSS)	(886,465		)	(299,165		)	2,006,889			1,354,999			1,301,181
OTHER INCOME:
Allowance for equity funds used during construction	67,563			51,908			64,802			66,053			92,759
Interest and investment income	145,127			187,062			147,686			199,300			127,776
Miscellaneous – net	(41,617		)	(95,997		)	(42,016		)	(59,762		)	(53,214		)
Total	171,073			142,973			170,472			205,591			167,321
INTEREST EXPENSE:
Interest expense	700,545			670,096			661,083			629,537			606,596
Allowance for borrowed funds used during construction	(34,175		)	(26,627		)	(33,576		)	(25,500		)	(37,312		)
Total	666,370			643,469			627,507			604,037			569,284
INCOME (LOSS) BEFORE INCOME TAXES	(1,381,762		)	(799,661		)	1,549,854			956,553			899,218
Income taxes	(817,259		)	(642,927		)	589,597			225,981			30,855
CONSOLIDATED NET INCOME (LOSS)	(564,503		)	(156,734		)	960,257			730,572			868,363
Preferred dividend requirements of subsidiaries	19,115			19,828			19,536			18,670			21,690
NET INCOME (LOSS) ATTRIBUTABLE TO ENTERGY CORPORATION	$	(583,618	)	$	(176,562	)	$	940,721		$	711,902		$	846,673
Basic earnings (loss) per average common share	$	(3.26	)	$	(0.99	)	$	5.24		$	3.99		$	4.77
Diluted earnings (loss) per average common share	$	(3.26	)	$	(0.99	)	$	5.22		$	3.99		$	4.76
Basic average number of common shares outstanding	178,885,660			179,176,356			179,506,151			178,211,192			177,324,813
Diluted average number of common shares outstanding	178,885,660			179,176,356			180,296,885			178,570,400			177,737,565



FINANCIAL RESULTS

2016 CONSOLIDATING INCOME STATEMENT (unaudited)
										ENTERGY
In thousands, except share data, for the year ended December 31, 2016.	UTILITY			PARENT & OTHER			EWC			CONSOLIDATED
OPERATING REVENUES:
Electric	$	8,866,758		$	(99	)	$	—		$	8,866,659
Natural gas	129,348			—			—			129,348
Competitive businesses	—			—			1,849,638			1,849,638
Total	8,996,106			(99		)	1,849,638			10,845,645
OPERATING EXPENSES:
Operation and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	1,563,952			(100		)	245,348			1,809,200
Purchased power	1,158,498			101			61,929			1,220,527
Nuclear refueling outage expenses	127,523			—			81,155			208,678
Other operation and maintenance	2,359,810			22,259			914,642			3,296,711
Asset write-offs, impairments, and related charges	—			—			2,835,637			2,835,637
Decommissioning	152,355			—			175,070			327,425
Taxes other than income taxes	497,510			718			94,274			592,502
Depreciation and amortization	1,145,688			1,646			199,852			1,347,187
Other regulatory charges (credits) - net	94,243			—			—			94,243
Total	7,099,579			24,624			4,607,907			11,732,110
OPERATING INCOME (LOSS)	1,896,527			(24,723		)	(2,758,269		)	(886,465		)
OTHER INCOME:
Allowance for equity funds used during construction	67,563			—			—			67,563
Interest and investment income	189,994			(153,332		)	108,466			145,127
Miscellaneous – net	(21,017		)	(7,874		)	(12,726		)	(41,617		)
Total	236,540			(161,206		)	95,740			171,073
INTEREST EXPENSE:
Interest expense	591,721			85,966			22,858			700,545
Allowance for borrowed funds used during construction	(34,175		)	—			—			(34,175		)
Total	557,546			85,966			22,858			666,370
INCOME (LOSS) BEFORE INCOME TAXES	1,575,521			(271,895		)	(2,685,387		)	(1,381,762		)
Income taxes	424,388			(49,384		)	(1,192,263		)	(817,259		)
CONSOLIDATED NET INCOME (LOSS)	1,151,133			(222,511		)	(1,493,124		)	(564,503		)
Preferred dividend requirements of subsidiaries	16,928			—			2,188			19,115
NET INCOME (LOSS) ATTRIBUTABLE TO ENTERGY CORPORATION	$	1,134,205		$	(222,511	)	$	(1,495,312	)	$	(583,618	)
Basic earnings (loss) per average common share	$	6.34		$	(1.24	)	$	(8.36	)	$	(3.26	)
Diluted earnings (loss) per average common share	$	6.34		$	(1.24	)	$	(8.36	)	$	(3.26	)
Totals may not foot due to rounding.



FINANCIAL RESULTS

CONSOLIDATED BALANCE SHEETS (unaudited)

In thousands, as of December 31,	2016			2015			2014			2013			2012
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	129,579		$	63,497		$	131,327		$	129,979		$	112,992
Temporary cash investments	1,058,265			1,287,464			1,290,699			609,147			419,577
Total cash and cash equivalents	1,187,844			1,350,961			1,422,026			739,126			532,569
Securitization recovery trust account	—			—			—			—			46,040
Accounts receivable:
Customer	654,995			608,491			596,917			670,641			568,871
Allowance for doubtful accounts	(11,924		)	(39,895		)	(35,663		)	(34,311		)	(31,956		)
Other	158,419			178,364			220,342			195,028			161,408
Accrued unbilled revenues	368,677			321,940			321,659			340,828			303,392
Total accounts receivable	1,170,167			1,068,900			1,103,255			1,172,186			1,001,715
Deferred fuel costs	108,465			—			155,140			116,379			150,363
Accumulated deferred income taxes	—			—			27,783			175,073			306,902
Fuel inventory – at average cost	179,600			217,810			205,434			208,958			213,831
Materials and supplies – at average cost	698,523			873,357			918,584			915,006			928,530
Deferred nuclear refueling outage costs	146,221			211,512			214,188			192,474			243,374
System agreement cost equalization	—			—			—			—			16,880
Prepayments and other	193,448			344,872			343,223			410,489			242,922
Total	3,684,268			4,067,412			4,389,633			3,929,691			3,683,126
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates – at equity	198			4,341			36,234			40,350			46,738
Decommissioning trust funds	5,723,897			5,349,953			5,370,932			4,903,144			4,190,108
Non-utility property – at cost (less accumulated depreciation)	233,641			219,999			213,791			199,375			256,039
Other	469,664			468,704			405,169			210,616			436,234
Total	6,427,400			6,042,997			6,026,126			5,353,485			4,929,119
PROPERTY, PLANT AND EQUIPMENT:
Electric	45,191,216			44,467,159			44,881,419			42,935,712			41,944,567
Property under capital lease	619,527			952,465			945,784			941,299			935,199
Natural gas	413,224			392,032			377,565			366,365			353,492
Construction work in progress	1,378,180			1,456,735			1,425,981			1,514,857			1,365,699
Nuclear fuel	1,037,899			1,345,422			1,542,055			1,566,904			1,598,430
Total property, plant and equipment	48,640,046			48,613,813			49,172,804			47,325,137			46,197,387
Less – accumulated depreciation and amortization	20,718,639			20,789,452			20,449,858			19,443,493			18,898,842
Property, plant and equipment – net	27,921,407			27,824,361			28,722,946			27,881,644			27,298,545
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
Regulatory asset for income taxes - net	761,280			775,528			836,064			849,718			742,030
Other regulatory assets (includes securitization property of
$600,996 as of December 31, 2016,
$714,044 as of December 31, 2015, $724,839 as
of December 31, 2014, $822,218 as of December 31, 2013,
and $914,751 as of December 31, 2012)	4,769,913			4,704,796			4,968,553			3,893,363			5,025,912
Deferred fuel costs	239,100			238,902			238,102			172,202			172,202
Goodwill	377,172			377,172			377,172			377,172			377,172
Accumulated deferred income taxes	117,885			54,903			48,351			62,011			37,748
Other	1,606,009			561,610			807,508			771,004			821,485
Total	7,871,359			6,712,911			7,275,750			6,125,470			7,176,549
TOTAL ASSETS	$	45,904,434		$	44,647,681		$	46,414,455		$	43,290,290		$	43,087,339



FINANCIAL RESULTS

CONSOLIDATED BALANCE SHEETS (unaudited)

In thousands, as of December 31,	2016			2015		2014			2013			2012
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	364,900		$	214,374	$	899,375		$	457,095		$	718,516
Notes payable and commercial paper	415,011			494,348		598,407			1,046,887			796,002
Accounts payable	1,285,577			1,071,798		1,166,431			1,173,313			1,217,180
Customer deposits	403,311			419,407		412,166			370,997			359,078
Taxes accrued	181,114			210,077		128,108			191,093			333,719
Accumulated deferred income taxes	—			—		38,039			28,307			13,109
Interest accrued	187,229			194,565		206,010			180,997			184,664
Deferred fuel costs	102,753			235,986		91,602			57,631			96,439
Obligations under capital leases	2,423			2,709		2,508			2,323			3,880
Pension and other postretirement liabilities	76,942			62,513		57,994			67,419			95,900
System agreement cost equalization	—			—		—			—			25,848
Other	180,836			184,181		248,251			484,510			261,986
Total	3,200,096			3,089,958		3,848,891			4,060,572			4,106,321

NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued	7,495,290			8,306,865		9,133,161			8,724,635			8,311,756
Accumulated deferred investment tax credits	227,147			234,300		247,521			263,765			273,696
Obligations under capital leases	24,582			27,001		29,710			32,218			34,541
Other regulatory liabilities	1,572,929			1,414,898		1,383,609			1,295,955			898,614
Decommissioning and asset retirement cost liabilities	5,992,476			4,790,187		4,458,296			3,933,416			3,513,634
Accumulated provisions	481,636			460,727		418,128			115,139			362,226
Pension and other postretirement liabilities	3,036,010			3,187,357		3,638,295			2,320,704			3,725,886
Long-term debt (includes securitization bonds
of $661,175 as of December 31, 2016,
$774,696 as of December 31, 2015, $776,817 as of
December 31, 2014, $883,013 as of December 31, 2013,
and $973,480 as of December 31, 2012)	14,467,655			13,111,556		12,386,710			12,022,993			11,805,155
Other	1,121,619			449,856		557,649			583,667			577,910
Total	34,419,344			31,982,747		32,253,079			29,292,492			29,503,418

Commitments and Contingencies

Subsidiaries' preferred stock without sinking fund	203,185			318,185		210,760			210,760			186,511

EQUITY:
Common shareholders' equity:
Common stock, $.01 par value, authorized 500,000,000
shares; issued 254,752,788 shares in 2015, 2014, 2013,
2012, and 2011	2,548			2,548		2,548			2,548			2,548
Paid-in capital	5,417,245			5,403,758		5,375,353			5,368,131			5,357,852
Retained earnings	8,195,571			9,393,913		10,169,657			9,825,053			9,704,591
Accumulated other comprehensive income (loss)	(34,971		)	8,951		(42,307		)	(29,324		)	(293,083		)
Less – treasury stock, at cost (75,623,363 shares in 2016,
76,363,763 shares in 2015, 75,512,079 shares in 2014,
76,381,936 shares in 2013, and 76,945,239 shares in 2012)	5,498,584			5,552,379		5,497,526			5,533,942			5,574,819
Total common shareholders' equity	8,081,809			9,256,791		10,007,725			9,632,466			9,197,089
Subsidiaries' preferred stock without sinking fund	—			—		94,000			94,000			94,000
Total	8,081,809			9,256,791		10,101,725			9,726,466			9,291,089
TOTAL LIABILITIES AND EQUITY	$	45,904,434		$	44,647,681	$	46,414,455		$	43,290,290		$	43,087,339



FINANCIAL RESULTS

2016 CONSOLIDATING BALANCE SHEET (unaudited)
									ENTERGY
In thousands, as of December 31, 2016.	UTILITY			PARENT & OTHER			EWC		CONSOLIDATED
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	123,956		$	939		$	4,684	$	129,579
Temporary cash investments	622,953			7,453			427,859		1,058,265
Total cash and cash equivalents	746,909			8,392			432,543		1,187,844
Notes receivable	—			(528,459		)	528,459		—
Accounts receivable:
Customer	482,302			—			172,693		654,995
Allowance for doubtful accounts	(11,924		)	—			—		(11,924		)
Associated companies	22,892			(24,532		)	1,640		—
Other	148,743			—			9,676		158,419
Accrued unbilled revenues	368,677			—			—		368,677
Total accounts receivable	1,010,690			(24,532		)	184,009		1,170,167
Deferred fuel costs	108,465			—			—		108,465
Fuel inventory – at average cost	173,388			—			6,212		179,600
Materials and supplies – at average cost	645,682			—			52,841		698,523
Deferred nuclear refueling outage costs	128,577			—			17,644		146,221
Prepayments and other	161,495			(8,629		)	40,582		193,448
Total	2,975,206			(553,228		)	1,262,290		3,684,268
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates – at equity	1,390,786			(1,390,674		)	86		198
Decommissioning trust funds	2,755,937			—			2,967,960		5,723,897
Non-utility property – at cost (less accumulated depreciation)	224,148			(11		)	9,504		233,641
Other	466,599			—			3,065		469,664
Total	4,837,470			(1,390,685		)	2,980,615		6,427,400
PROPERTY, PLANT AND EQUIPMENT:
Electric	44,173,933			3,690			1,013,593		45,191,216
Property under capital lease	619,527			—			—		619,527
Natural gas	413,224			—			—		413,224
Construction work in progress	1,334,169			631			43,380		1,378,180
Nuclear fuel	816,794			—			221,105		1,037,899
Total property, plant and equipment	47,357,647			4,321			1,278,078		48,640,046
Less – accumulated depreciation and amortization	20,290,630			197			427,812		20,718,639
Property, plant and equipment – net	27,067,017			4,124			850,266		27,921,407
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
Regulatory asset for income taxes - net	761,280			—			—		761,280
Other regulatory assets (includes securitization property of
$600,996 as of December 31, 2016)	4,769,913			—			—		4,769,913
Deferred fuel costs	239,100			—			—		239,100
Goodwill	374,099			—			3,073		377,172
Accumulated deferred income taxes	15,415			40,309			62,161		117,885
Other	59,251			9,125			1,537,633		1,606,009
Total	6,219,058			49,434			1,602,867		7,871,359
TOTAL ASSETS	$	41,098,751		$	(1,890,355	)	$	6,696,038	$	45,904,434
Totals may not foot due to rounding.



FINANCIAL RESULTS

2016 CONSOLIDATING BALANCE SHEET (unaudited)
										ENTERGY
In thousands, as of December 31, 2016.	UTILITY			PARENT & OTHER			EWC			CONSOLIDATED
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	364,900		$	—		$	—		$	364,900
Notes payable and commercial paper:
Associated companies	—			(15,555		)	15,555			—
Other	70,686			344,325			—			415,011
Accounts payable:
Associated companies	24,338			(46,062		)	21,724			—
Other	990,033			585			294,959			1,285,577
Customer deposits	403,311			—			—			403,311
Taxes accrued	(27,752		)	126,885			81,981			181,114
Interest accrued	159,300			27,882			47			187,229
Deferred fuel costs	102,753			—			—			102,753
Obligations under capital leases	2,423			—			—			2,423
Pension and other postretirement liabilities	63,026			—			13,916			76,942
Other	138,880			1,943			40,013			180,836
Total	2,291,898			440,003			468,195			3,200,096

NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued	8,132,129			8,898			(645,737		)	7,495,290
Accumulated deferred investment tax credits	227,147			—			—			227,147
Obligations under capital leases	24,582			—			—			24,582
Other regulatory liabilities	1,572,929			—			—			1,572,929
Decommissioning and asset retirement cost liabilities	2,879,307			—			3,113,169			5,992,476
Accumulated provisions	480,474			—			1,162			481,636
Pension and other postretirement liabilities	2,299,122			—			736,888			3,036,010
Long-term debt (includes securitization bonds
of $661,175 as of December 31, 2016)	11,886,598			2,536,557			44,500			14,467,655
Other	686,140			(391,127		)	826,606			1,121,619
Total	28,188,428			2,154,328			4,076,588			34,419,344

Commitments and Contingencies

Subsidiaries' preferred stock without sinking fund	178,936			—			24,249			203,185


COMMON EQUITY:
Common shareholders' equity:
Common stock, $.01 par value, authorized 500,000,000 shares;
issued 254,752,788 shares in 2016	2,051,268			(2,249,823		)	201,103			2,548
Paid-in capital	2,799,315			953,993			1,663,937			5,417,245
Retained earnings	5,834,123			2,189,728			171,720			8,195,571
Accumulated other comprehensive income (loss)	(125,217		)	—			90,246			(34,971		)
Less – treasury stock, at cost (75,623,363 shares in 2016)	120,000			5,378,584			—			5,498,584
Total	10,439,489			(4,484,686		)	2,127,006			8,081,809

TOTAL LIABILITIES AND EQUITY	$	41,098,751		$	(1,890,355	)	$	6,696,038		$	45,904,434
Totals may not foot due to rounding.



FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF CASH FLOW (unaudited)

In thousands, for the years ended December 31,	2016			2015			2014			2013			2012
OPERATING ACTIVITIES:
Consolidated net income (loss)	$	(564,503	)	$	(156,734	)	$	960,257		$	730,572		$	868,363
Adjustments to reconcile consolidated net income (loss)
to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	2,123,291			2,117,236			2,127,892			2,012,076			1,771,649
Deferred income taxes, investment tax credits, and non-current taxes accrued	(836,257		)	(820,350		)	596,935			311,789			(26,479		)
Asset write-offs, impairments, and related charges	2,835,637			2,104,906			123,527			341,537			355,524
Gain on sale of asset/business	—			(154,037		)	—			(43,569		)	—
Changes in working capital:
Receivables	(96,975		)	38,152			98,493			(180,648		)	(14,202		)
Fuel inventory	38,210			(12,376		)	3,524			4,873			(11,604		)
Accounts payable	174,421			(135,211		)	(12,996		)	94,436			(6,779		)
Prepaid taxes and taxes accrued	(28,963		)	81,969			(62,985		)	(142,626		)	55,484
Interest accrued	(7,335		)	(11,445		)	25,013			(3,667		)	1,152
Deferred fuel costs	(241,896		)	298,725			(70,691		)	(4,824		)	(99,987		)
Other working capital accounts	31,197			(113,701		)	112,390			(66,330		)	(151,989		)
Changes in provisions for estimated losses	20,905			42,566			301,871			(248,205		)	(24,808		)
Changes in other regulatory assets	(48,469		)	262,317			(1,061,537		)	1,105,622			(398,428		)
Changes in other regulatory liabilities	158,031			61,241			87,654			397,341			170,421
Changes in pensions and other postretirement liabilities	(136,919		)	(446,418		)	1,308,166			(1,433,663		)	644,099
Other	(421,676		)	134,344			(647,952		)	314,505			(192,131		)
Net cash flow provided by operating activities	2,998,699			3,291,184			3,889,561			3,189,219			2,940,285
INVESTING ACTIVITIES:
Construction/capital expenditures	(2,780,222		)	(2,500,860		)	(2,119,191		)	(2,287,593		)	(2,674,650		)
Allowance for equity funds used during construction	68,345			53,635			68,375			69,689			96,131
Nuclear fuel purchases	(314,706		)	(493,604		)	(537,548		)	(517,825		)	(557,960		)
Payment for purchase of plant	(949,329		)	—			—			(17,300		)	(456,356		)
Proceeds from sale of assets and businesses	—			487,406			10,100			147,922			—
Insurance proceeds received for property damages	20,968			24,399			40,670			—			—
Changes in securitization account	4,007			(5,806		)	1,511			155			4,265
NYPA value sharing payment	—			(70,790		)	(72,000		)	(71,736		)	(72,000		)
Payments to storm reserve escrow account	(1,544		)	(69,163		)	(276,057		)	(7,716		)	(8,957		)
Receipts from storm reserve escrow account	—			5,916			—			260,279			27,884
Decrease (increase) in other investments	9,055			571			46,983			(82,955		)	15,175
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	169,085			18,296			—			21,034			109,105
Proceeds from nuclear decommissioning trust fund sales	2,408,920			2,492,176			1,872,115			2,031,552			2,074,055
Investment in nuclear decommissioning trust funds	(2,484,627		)	(2,550,958		)	(1,989,446		)	(2,147,099		)	(2,196,489		)
Net cash flow used in investing activities	(3,850,048		)	(2,608,782		)	(2,954,488		)	(2,601,593		)	(3,639,797		)
FINANCING ACTIVITIES:
Proceeds from the issuance of:
Long-term debt	6,800,558			3,502,189			3,100,069			3,746,016			3,478,361
Preferred stock of subsidiary	—			107,426			—			24,249			—
Mandatorily redeemable preferred membership units of subsidiary				—			—			—			51,000
Treasury stock	33,114			24,366			194,866			24,527			62,886
Retirement of long-term debt	(5,311,324		)	(3,461,518		)	(2,323,313		)	(3,814,666		)	(3,130,233		)
Repurchase of common stock	—			(99,807		)	(183,271		)	—			—
Repurchase/redemptions of preferred stock	(115,283		)	(94,285		)	—			—			—
Changes in credit borrowings and commercial paper – net	(79,337		)	(104,047		)	(448,475		)	250,889			687,675
Other	(6,872		)	(9,136		)	23,579			—			—
Dividends paid:
Common stock	(611,835		)	(598,897		)	(596,117		)	(593,037		)	(589,209		)
Preferred stock	(20,789		)	(19,758		)	(19,511		)	(18,802		)	(22,329		)
Net cash flow provided by (used in) financing activities	688,232			(753,467		)	(252,173		)	(380,824		)	538,151
Effect of exchange rates on cash and cash equivalents	—			—			—			(245		)	(508		)
Net increase (decrease) in cash and cash equivalents	(163,117		)	(71,065		)	682,900			206,557			(161,869		)
Cash and cash equivalents at beginning of period	1,350,961			1,422,026			739,126			532,569			694,438
Cash and cash equivalents at end of period	$	1,187,844		$	1,350,961		$	1,422,026		$	739,126		$	532,569



FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF CASH FLOW (unaudited)

$ thousands, for the years ended December 31,	2016	2015		2014		2013		2012
SUPPLEMENTAL DISCLOSURE OF
CASH FLOW INFORMATION:
Cash paid during the period for:
Interest – net of amount capitalized	746,779	663,630		611,376		570,212		546,125
Income taxes	95,317	103,589		77,799		127,735		49,214



CASH FLOW INFORMATION BY BUSINESS

				PARENT &				ENTERGY
For the years ended December 31, 2016, 2015, 2014, 2013, and 2012.		UTILITY		OTHER		EWC		CONSOLIDATED
($ thousands)
2016
Net cash flow provided by operating activities		2,860,511		(107,950	)	246,138		2,998,699
Net cash flow provided by (used in) investing activities		(3,671,452	)	(394	)	(178,202	)	(3,850,048	)
Net cash flow provided by (used in) financing activities		938,780		103,847		(354,395	)	688,232

2015
Net cash flow provided by operating activities		2,906,716		(77,374	)	461,842		3,291,184
Net cash flow provided by (used in) investing activities		(2,565,963	)	3,709		(46,527	)	(2,608,782	)
Net cash flow provided by (used in) financing activities		(695,099	)	70,643		(129,012	)	(753,467	)

2014
Net cash flow provided by operating activities		3,318,660		(463,377	)	1,034,278		3,889,561
Net cash flow provided by (used in) investing activities		(2,635,690	)	293,429		(612,227	)	(2,954,488	)
Net cash flow provided by (used in) financing activities		(260,772	)	174,440		(165,840	)	(252,173	)

2013
Net cash flow provided by (used in) operating activities		2,208,089		251,118		730,011		3,189,219
Net cash flow provided by (used in) investing activities		(1,989,855	)	(51	)	(611,689	)	(2,601,593	)
Net cash flow provided by (used in) financing activities		(47,150	)	(251,132	)	(82,542	)	(380,824	)

2012
Net cash flow provided by operating activities		2,354,454		(89,948	)	675,779		2,940,285
Net cash flow provided by (used in) investing activities		(3,070,785	)	(5,016	)	(563,996	)	(3,639,797	)
Net cash flow provided by (used in) financing activities		736,832		94,179		(292,860	)	538,151
Totals may not foot due to rounding.



FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (unaudited)

			Common Shareholders’ Equity
($ thousands)	Subsidiaries’ Preferred Stock		Common Stock	Treasury Stock		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Total
Balance at December 31, 2011	94,000		2,548	(5,680,468	)	5,360,682		9,446,960		(168,452	)	9,055,270

Consolidated net income (a)	21,690		—	—		—		846,673		—		868,363
Other comprehensive loss	—		—	—		—		—		(124,631	)	(124,631	)
Common stock issuances related to stock plans	—		—	105,649		(2,830	)	—		—		102,819
Common stock dividends declared	—		—	—		—		(589,042	)	—		(589,042	)
Preferred dividend requirements of subsidiaries (a)	(21,690	)	—	—		—		—		—		(21,690	)

Balance at December 31, 2012	94,000		2,548	(5,574,819	)	5,357,852		9,704,591		(293,083	)	9,291,089

Consolidated net income (a)	18,670		—	—		—		711,902		—		730,572
Other comprehensive income	—		—	—		—		—		263,759		263,759
Common stock issuances related to stock plans	—		—	40,877		10,279		—		—		51,156
Common stock dividends declared	—		—	—		—		(591,440	)	—		(591,440	)
Preferred dividend requirements of subsidiaries (a)	(18,670	)	—	—		—		—		—		(18,670	)

Balance at December 31, 2013	94,000		2,548	(5,533,942	)	5,368,131		9,825,053		(29,324	)	9,726,466

Consolidated net income (a)	19,536		—	—		—		940,721		—		960,257
Other comprehensive loss	—		—	—		—		—		(12,983	)	(12,983	)
Common stock repurchases	—		—	(183,271	)	—		—		—		(183,271	)
Common stock issuances related to stock plans	—		—	219,687		7,222		—		—		226,909
Common stock dividends declared	—		—	—		—		(596,117	)	—		(596,117	)
Preferred dividend requirements of subsidiaries (a)	(19,536	)	—	—		—		—		—		(19,536	)

Balance at December 31, 2014	94,000		2,548	(5,497,526	)	5,375,353		10,169,657		(42,307	)	10,101,725
Consolidated net income (loss) (a)	19,828		—	—		—		(176,562	)	—		(156,734	)
Other comprehensive income	—		—	—		—		—		51,258		51,258
Common stock repurchases	—		—	(99,807	)	—		—		—		(99,807	)
Preferred stock repurchases/redemptions	(94,000	)	—	—		—		(285	)	—		(94,285	)
Common stock issuances related to stock plans	—		—	44,954		28,405		—		—		73,359
Common stock dividends declared	—		—	—		—		(598,897	)	—		(598,897	)
Preferred dividend requirements of subsidiaries (a)	(19,828	)	—	—		—		—		—		(19,828	)

Balance at December 31, 2015	—		2,548	(5,552,379	)	5,403,758		9,393,913		8,951		9,256,791
Consolidated net income (loss) (a)	19,115		—	—		—		(583,618	)	—		(564,503	)
Other comprehensive loss	—		—	—		—		—		(43,922	)	(43,922	)
Common stock issuances related to stock plans	—		—	53,795		13,487		—		—		67,282
Common stock dividends declared	—		—	—		—		(611,835	)	—		(611,835	)
Subsidiaries' capital stock redemptions	—		—	—		—		(2,889	)	—		(2,889	)
Preferred dividend requirements of subsidiaries (a)	(19,115	)	—	—		—		—		—		(19,115	)

Balance at December 31, 2016	—		2,548	(5,498,584	)	5,417,245		8,195,571		(34,971	)	8,081,809
(a) Consolidated net income and preferred dividend requirements of subsidiaries for 2016, 2015, 2014, 2013 and 2012 include $19.1 million, $14.9 million, $12.9 million, $12.0 million and $15.0 million, respectively, of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented as equity.



FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited)

In thousands, for the years ended December 31,	2016			2015			2014			2013			2012
NET INCOME (LOSS)	$	(564,503	)	$	(156,734	)	$	960,257		$	730,572		$	868,363
Other comprehensive income (loss)
Cash flow hedges net unrealized gain (loss)
(net of tax expense (benefit) of ($55,298, $3,752, $96,141, ($87,940) and ($55,750)
for 2016 to 2012, respectively)	(101,977		)	7,852			179,895			(161,682		)	(97,591		)
Pension and other postretirement liabilities
(net of tax expense (benefit) of ($3,952), $61,576, ($152,763), $220,899 and ($61,223)
for 2016 to 2012, respectively)	(2,842		)	103,185			(281,566		)	302,489			(91,157		)
Net unrealized investment gains (losses)
(net of tax expense (benefit) of $57,277, ($45,904), $66,594, $118,878 and $61,104
for 2016 to 2012, respectively)	62,177			(59,138		)	89,439			122,709			63,609
Foreign currency translation
(net of tax expense (benefit) of ($689), ($345), ($404), $131 and $275
for 2016 to 2012, respectively)	(1,280		)	(641		)	(751		)	243			508
Other comprehensive income (loss)	(43,922		)	51,258			(12,983		)	263,759			(124,631		)
COMPREHENSIVE INCOME (LOSS)	(608,425		)	(105,476		)	947,274			994,331			743,732
Preferred dividend requirements of subsidiaries	19,115			19,828			19,536			18,670			21,690
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ENTERGY CORPORATION	$	(627,540	)	$	(125,304	)	$	927,738		$	975,661		$	722,042



CONSOLIDATED CAPITAL EXPENDITURES

HISTORICAL CAPITAL EXPENDITURES
($ millions)	2016	2015	2014	2013	2012
Utility
Generation	1,728	692	594	820	1,579
Transmission	750	633	466	400	377
Distribution	771	727	656	653	780
Other	293	166	112	154	105
Entergy Wholesale Commodities	188	353	363	349	362
Total Historical Capital Expenditures	3,730	2,571	2,191	2,377	3,203



ENTERGY CORPORATION SECURITIES DETAIL

ENTERGY CORPORATION LONG-TERM DEBT					CURRENT OR			AS OF
			MATURITY	FIRST CALL	FIRST CALL	DECEMBER 31,
CUSIP		RATE	DATE	DATE	PRICE	2016		2015

	$3.5B Bank Credit Facility	2.23%	08/21 (b)			$	700	$	835
	Commercial Paper (a)	1.13%				344		422
29364GAF0	5.125% Notes	5.125%	09/20	Now	MW (T+.40%)	450		450
29364GAG8	4.70% Notes	4.7%	01/17	Now	MW (T+.50%)	—		500
29364GAH6	4.00% Notes	4.0%	07/22	Now	MW (T+.30%)	650		650
29364GAJ2	2.95% Notes	2.95%	09/26	Now	MW (T+.25%)	750		—
	Total					$	2,894	$	2,857
(a) Entergy Corporation has a commercial paper program with a program limit of up to $1.5 billion.
(b) The maturity date was extended in August 2016.



SECURITIES RATINGS (OUTLOOK)
	CORPORATE CREDIT
As of 5/31/17		MOODY’S	S&P
Entergy Corporation		Baa2 (stable)	BBB+ (positive)



					AS OF		CALL PRICE PER SHARE
PREFERRED MEMBER INTERESTS			DECEMBER 31,				AS OF DECEMBER 31,
CUSIP	DESCRIPTION	RATE	2016		2015		2016

	Held by Entergy Louisiana:
None	Class A preferred non-voting membership interest units of Entergy Holdings Co. LLC	10.00%	$	684	$	684	$100.00
	(6,843,780 shares in 2016 and 2015) (a)
None	Class B preferred non-voting membership interest units of Entergy Holdings Co. LLC	9.00%	413		413		$100.00
	(4,126,940 shares in 2016 and 2015) (a)
None	Class C preferred non-voting membership interest units of Entergy Holdings Co. LLC	7.50%	294		294		$100.00
	(2,935,153 shares in 2016 and 2015) (a)
	Preferred member interests		$	1,391	$	1,391
OTHER NON-CURRENT LIABILITIES:
None	Class A preferred non-voting membership interest units of Entergy Holdings Co. LLC	10.00%	$	50	$	50	$100.00
	(500,000 shares in 2016 and 2015) (a)(b)
	Other non-current liabilities		$	50	$	50
	Total		$	1,441	$	1,441
(a) Distributions are payable quarterly and have a liquidation price of $100 per unit. The preferred membership interests are callable at the option of Entergy Holdings Company LLC after ten years under the terms of the LLC agreement.
(b) On February 16, 2012, Entergy Gulf States Louisiana, L.L.C. sold 500,000 units of Class A preferred, non-voting, membership interest units of Entergy Holdings Company LLC. to a non-affiliated third party. This preferred membership interest is reflected in the Parent & Other disclosure segment in ‘Other Non-Current Liabilities’ on the balance sheet.
Totals may not foot due to rounding.



UTILITY SELECTED DATA

UTILITY QUARTERLY FINANCIAL METRICS
	2016					2015					FY %
	1Q	2Q	3Q	4Q	FY	1Q	2Q	3Q	4Q	FY	CHANGE
GAAP MEASURES
As-Reported Net Income ($ millions)	194.9	375.6	443.3	120.4	1,134.2	223.4	199.7	360.0	313.7	1,096.8	3.4
As-Reported Net Revenue ($ millions)	1,375.1	1,524.2	1,859.1	1,421.1	6,179.5	1,410.5	1,487.6	1,750.2	1,180.6	5,828.9	6.0
As-Reported Non-Fuel O&M ($ millions)	546.6	614.8	624.6	701.3	2,487.3	584.3	642.5	663.1	670.6	2,560.6	(2.9	)
ROIC – As-Reported (%)(a)	6.6	7.5	7.7	6.8	6.8	5.9	5.9	6.0	7.0	7.0	(2.9	)
ROE – As-Reported (%)(a)	11.2	12.9	13.3	11.3	11.3	9.4	9.3	9.6	11.9	11.9	(5.0	)
Debt to Capital Ratio (%)	54.3	53.8	53.6	53.8	53.8	54.4	54.0	53.7	52.6	52.6	2.3
NON-GAAP MEASURES
Operational Earnings ($ millions)	1,068.4	1,244.3	1,327.5	1,134.2	1,134.2	856.8	845.2	894.0	1,096.9	1,096.9	3.4
Operational Net Revenue ($ millions)	1,375.1	1,524.2	1,859.1	1,421.1	6,179.5	1,410.5	1,487.6	1,750.2	1,180.6	5,828.9	6.0
Operational Non-Fuel O&M ($ millions)	546.6	614.8	624.6	701.3	2,487.3	584.3	642.5	663.1	670.6	2,560.6	(2.9	)
ROIC – Operational (%)(a)	6.6	7.5	7.7	6.8	6.8	5.9	5.9	6.0	7.0	7.0	(2.9	)
ROE – Operational (%)(a)	11.2	12.9	13.3	11.3	11.3	9.5	9.3	9.6	11.9	11.9	(5.0	)
Debt to Capital Ratio, excluding securitization debt (%)	52.8	52.3	52.1	52.4	52.4	52.6	52.3	51.9	50.8	50.8	3.1
Net Debt to Net Capital Ratio, excluding securitization debt (%)	51.3	51.2	50.6	50.7	50.7	50.7	50.5	49.8	49.2	49.2	3.0
(a) Rolling twelve months. Totals may not foot due to rounding.

UTILITY ANNUAL FINANCIAL METRICS
							2016	2015	2014	2013	2012
GAAP MEASURES
As-Reported Net Income ($ millions)							1,134.2	1,096.9	829.1	828.9	943.0
As-Reported Net Revenue ($ millions)							6,179.5	5,828.9	5,734.7	5,523.8	4,968.6
As-Reported Non-Fuel O&M ($ millions)							2,487.3	2,560.6	2,394.6	2,388.9	2,190.4
ROIC – As-Reported (%)(a)							6.8	7.0	5.8	5.9	6.9
ROE – As-Reported (%)(a)							11.3	11.9	9.3	9.6	11.8
Debt to Capital Ratio (%)							53.8	52.6	54.9	53.8	54.6
NON-GAAP MEASURES
Operational Earnings ($ millions)							1,134.2	1,096.9	836.7	857.8	980.1
Operational Net Revenue ($ millions)							6,179.4	5,828.9	5,734.7	5,518.1	4,968.6
Operational Non-Fuel O&M ($ millions)							2,487.3	2,560.6	2,382.0	2,324.9	2,152.2
ROIC – Operational (%)(a)							6.8	7.0	5.9	6.1	7.1
ROE – Operational (%)(a)							11.3	11.9	9.4	10.0	12.3
Debt to Capital Ratio, excluding securitization debt (%)							52.4	50.8	53.1	51.6	52.2
Net Debt to Net Capital Ratio, excluding securitization debt (%)							50.7	49.2	50.6	50.2	51.1



UTILITY SECURITIES RATINGS (OUTLOOK)
	MORTGAGE BONDS				PREFERRED STOCK
As of 5/31/17	MOODY’S	S&P			MOODY’S		S&P
Entergy Arkansas, Inc.	A2 (stable)	A (positive)			Baa3		BBB-
Entergy Louisiana, LLC	A2 (stable)	A (positive)			n/a		n/a
Entergy Mississippi, Inc.	A2 (stable)	A (positive)			Baa3		BBB-
Entergy New Orleans, Inc.	Baa2 (stable)	A (positive)			Ba3		BBB-
Entergy Texas, Inc.	Baa1 (stable)	A (positive)			n/a		n/a
System Energy Resources, Inc.	Baa1 (stable)	A (positive)			n/a		n/a


UTILITY HISTORICAL CAPITAL EXPENDITURES(a)
($ millions)			2016	2015	2014	2013	2012
Entergy Arkansas			904	625	535	489	615
Entergy Louisiana			1,505	845	758	978	1,071
Entergy Mississippi			310	236	180	168	378
Entergy New Orleans			328	86	62	89	86
Entergy Texas			338	320	196	182	181
System Energy Resources			88	70	64	52	450
Other(b)			69	36	33	69	60
Total			3,542	2,218	1,828	2,027	2,841
(a) Historical capital expenditures include storm capital spending.
(b) Corresponds to Entergy Services, Inc., Entergy Operations, Inc., and System Fuels, Inc.



UTILITY FINANCIAL RESULTS

2016 UTILITY CONSOLIDATING INCOME STATEMENT (unaudited)

																			OTHER/
In thousands, for the year ending December 31, 2016.	EAI			ELL			EMI			ENOI			ETI			SERI			ELIMINATIONS(a)			UTILITY
OPERATING REVENUES:
Electric	$	2,086,608		$	4,126,343		$	1,094,649		$	586,820		$	1,615,619		$	548,291		$	(1,191,572	)	$	8,866,758
Natural gas	—			50,705			—			78,643			—			—			—			129,348
Total	2,086,608			4,177,048			1,094,649			665,463			1,615,619			548,291			(1,191,572		)	8,996,106
OPERATING EXPENSES:
Operation and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	325,036			804,433			95,090			40,489			271,968			27,416			(480		)	1,563,952
Purchased power	233,350			890,058			297,902			299,551			616,597			—			(1,178,960		)	1,158,498
Nuclear refueling outage expenses	56,650			51,361			—			—			—			19,512			—			127,523
Other operation and maintenance	706,573			923,779			250,443			117,471			220,566			153,064			(12,086		)	2,359,810
Decommissioning	53,610			46,944			—			—			—			50,797			1,004			152,355
Taxes other than income taxes	93,109			165,665			94,482			48,078			70,973			25,195			8			497,510
Depreciation and amortization	264,215			451,290			136,214			51,737			107,026			136,195			(989		)	1,145,688
Other regulatory charges (credits) – net	7,737			44,131			(3,721		)	8,258			82,879			(45,041		)	—			94,243
Total	1,740,280			3,377,661			870,410			565,584			1,370,009			367,138			(1,191,503		)	7,099,579
OPERATING INCOME	346,328			799,387			224,239			99,879			245,610			181,153			(69		)	1,896,527
OTHER INCOME:
Allowance for equity funds used during construction	17,099			27,925			5,801			1,178			7,617			7,944			—			67,563
Interest and investment income	19,087			154,778			656			256			987			14,793			(563		)	189,994
Miscellaneous – net	(1,446		)	(11,597		)	(3,531		)	(3,144		)	(746		)	(556		)	—			(21,017		)
Total	34,740			171,106			2,926			(1,710		)	7,858			22,181			(563		)	236,540
INTEREST EXPENSE:
Interest expense	115,311			273,283			57,114			21,061			87,776			37,529			(353		)	591,721
Allowance for borrowed funds used during construction	(9,228		)	(14,571		)	(2,987		)	(446		)	(4,943		)	(2,000		)	—			(34,175		)
Total	106,083			258,712			54,127			20,615			82,833			35,529			(353		)	557,546
INCOME BEFORE INCOME TAXES	274,985			711,781			173,038			77,554			170,635			167,805			(279		)	1,575,521
Income taxes	107,773			89,734			63,854			28,705			63,097			71,061			164			424,388
NET INCOME	167,212			622,047			109,184			48,849			107,538			96,744			(443		)	1,151,133
Preferred dividend requirements and other	5,270			—			2,443			965			—			—			8,250			16,928
EARNINGS APPLICABLE TO
COMMON STOCK/EQUITY	$	161,942		$	622,047		$	106,741		$	47,884		$	107,538		$	96,744		$	(8,693	)	$	1,134,205
Totals may not foot due to rounding.
(a) Reflects other Entergy subsidiaries, including Entergy Utility Holding Company, LLC, Entergy Services, Inc., Entergy Operations, Inc. and the elimination of intercompany transactions.



UTILITY FINANCIAL RESULTS

2016 UTILITY CONSOLIDATING BALANCE SHEET (unaudited)


																		OTHER/
In thousands, as of December 31, 2016.	EAI			ELL			EMI			ENOI			ETI			SERI		ELIMINATIONS(a)			UTILITY
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	20,174		$	49,972		$	16		$	28		$	1,216		$	786	$	51,764		$	123,956
Temporary cash investments	335			163,878			76,818			103,040			4,965			245,077		28,840			622,953
Total cash and cash equivalents	20,509			213,850			76,834			103,068			6,181			245,863		80,604			746,909
Securitization recovery trust account	4,140			—			—			1,738			37,451					(43,329		)	—
Accounts receivable:
Customer	102,229			213,517			51,218			43,536			71,803			—		—			482,302
Allowance for doubtful accounts	(1,211		)	(6,277		)	(549		)	(3,059		)	(828		)	—		—			(11,924		)
Associated companies	35,286			155,794			45,973			16,811			39,447			104,390		(374,809		)	22,892
Other	58,153			54,186			12,006			5,926			14,756			3,637		79			148,743
Accrued unbilled revenues	100,193			159,176			51,327			18,254			39,727			—		—			368,677
Total account receivable	294,650			576,396			159,975			81,468			164,905			108,027		(374,730		)	1,010,690
Deferred fuel costs	96,690			—			6,957			4,818			—			—		—			108,465
Fuel inventory – at average cost	32,760			50,738			50,872			1,841			37,177			—		—			173,388
Materials and supplies – at average cost	182,600			294,421			41,146			8,416			36,631			82,469		—			645,682
Deferred nuclear refueling outage costs	81,313			22,535			—			—			—			24,729		—			128,577
Prepayments and other	14,293			151,791			8,873			10,966			18,599			20,111		(63,138		)	161,495
Total	726,955			1,309,731			344,657			212,315			300,944			481,199		(400,593		)	2,975,206
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates – at equity	—			1,390,587			—			—			600			—		(401		)	1,390,786
Decommissioning trust funds	834,735			1,140,707			—			—			—			780,496		—			2,755,937
Non-utility property – at cost (less accumulated depreciation)	—			217,494			4,608			1,016			376			—		654			224,148
Storm reserve escrow account	—			291,485			—			81,437			—			—		(372,922		)	—
Escrow accounts	—			—			31,783			—			—			—		(31,783		)	—
Other	7,912			28,844			—			7,160			18,801			—		403,882			466,599
Total	842,647			3,069,117			36,391			89,613			19,777			780,496		(570		)	4,837,470
PROPERTY, PLANT AND EQUIPMENT
Electric	10,488,060			18,827,532			4,321,214			1,258,934			4,274,069			4,331,668		672,456			44,173,933
Property under capital lease	716			—			1,590			—			—			585,084		32,137			619,527
Natural gas	—			172,816			—			240,408			—			—		—			413,224
Construction work in progress	304,073			670,201			118,182			24,975			111,227			43,888		61,623			1,334,169
Nuclear fuel	307,352			249,807			—			—			—			259,635		—			816,794
Total property, plant and equipment	11,100,201			19,920,356			4,440,986			1,524,317			4,385,296			5,220,275		766,216			47,357,647
Less – accumulated depreciation and amortization	4,635,885			8,420,596			1,602,711			604,825			1,526,057			3,063,249		437,307			20,290,630
Property, plant and equipment – net	6,464,316			11,499,760			2,838,275			919,492			2,859,239			2,157,026		328,909			27,067,017
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
Regulatory asset for income taxes - net	62,646			470,480			38,284			—			105,816			93,127		(9,073		)	761,280
Other regulatory assets (includes securitization property
of $600,996 as of December 31, 2016)	1,428,029			1,168,058			342,213			268,106			740,156			411,212		412,139			4,769,913
Deferred fuel costs	66,898			168,122			—			4,080			—			—		—			239,100
Goodwill	—			—			—			—			—			—		374,099			374,099
Accumulated deferred income taxes	—			—			—			—			—			—		15,415			15,415
Other	14,626			16,003			2,320			963			7,149			4,652		13,538			59,251
Total	1,572,199			1,822,663			382,817			273,149			853,121			508,991		806,118			6,219,058
TOTAL ASSETS	$	9,606,117		$	17,701,271		$	3,602,140		$	1,494,569		$	4,033,081		$	3,927,712	$	733,861		$	41,098,751
Totals may not foot due to rounding.
(a) Primarily reflects other Entergy subsidiaries, including Entergy Utility Holding Company, LLC, Entergy Services, Inc., Entergy Operations, Inc. and the elimination of intercompany transactions.



UTILITY FINANCIAL RESULTS

2016 UTILITY CONSOLIDATING BALANCE SHEET (unaudited)


														OTHER/
In thousands, as of December 31, 2016.	EAI		ELL			EMI		ENOI		ETI		SERI		ELIMINATIONS(a)			UTILITY
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	114,700	$	200,198		$	—	$	—	$	—	$	50,003	$	—		$	364,900
Notes payable and commercial paper:
Associated companies	—		—			—		2,104		—		—		(2,104		)	—
Other	—		3,794			—		—		—		66,893		—			70,686
Accounts payable:
Associated companies	239,711		82,106			43,647		39,260		47,867		5,843		(434,096		)	24,338
Other	185,153		358,741			80,227		35,920		77,342		50,558		202,092			990,033
Customer deposits	97,512		148,601			84,112		28,667		44,419		—		—			403,311
Taxes accrued	7,194		—			64,040		—		15,351		—		(114,337		)	(27,752		)
Interest accrued	16,580		75,598			21,653		5,443		25,977		14,049		—			159,300
Deferred fuel costs	—		48,211			—		—		54,543		—		—			102,753
Obligations under capital leases	—		—			—		—		—		—		2,423			2,423
Pension and other postretirement liabilities	—		—			—		—		—		—		63,026			63,026
Other	36,557		80,013			9,554		11,415		9,388		2,957		(11,004		)	138,880
Total	697,407		997,262			303,233		122,809		274,887		190,303		(294,000		)	2,291,898
NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued	2,186,623		2,691,118			861,331		334,953		1,027,647		1,112,865		(82,408		)	8,132,129
Accumulated deferred investment tax credits	35,305		126,741			8,667		622		12,934		41,663		1,215			227,147
Obligations under capital leases	—		—			—		—		—		—		24,582			24,582
Regulatory liability for income taxes - net	—		—			—		9,074		—		—		(9,074		)	—
Other regulatory liabilities	305,907		880,974			—		—		8,502		370,862		6,684			1,572,929
Decommissioning and asset retirement cost liabilities	924,353		1,082,685			8,722		2,875		6,470		854,202		—			2,879,307
Accumulated provisions	18,682		310,772			54,440		88,513		7,584		—		483			480,474
Pension and other postretirement liabilities	424,234		780,278			109,551		36,750		67,313		117,850		763,146			2,299,122
Long-term debt (includes securitization bonds
of $661,175 as of December 31, 2016)	2,715,085		5,612,593			1,120,916		428,467		1,508,407		501,129		—			11,886,598
Long-term payable - associated companies	—		—			—		18,423		—		—		(18,423		)	—
Gas system rebuild insurance proceeds	—		—			—		447		—		—		(447		)	—
Other	13,854		137,039			20,108		4,910		50,343		15		459,871			686,140
Total	6,624,043		11,622,200			2,183,735		925,034		2,689,200		2,998,586		1,145,629			28,188,428
Commitments and Contingencies

Preferred stock without sinking fund	31,350		—			20,381		19,780		—		—		107,425			178,936

EQUITY:
Common stock or member's equity	470		5,130,251			199,326		33,744		49,452		679,350		(4,041,325		)	2,051,268
Paid-in capital/capital stock expense and other	790,243		—			167		171,544		481,994		—		1,355,367			2,799,315
Retained earnings	1,462,604		—			895,298		221,658		537,548		59,473		2,657,542			5,834,123
Accumulated other comprehensive (loss)	—		(48,442		)	—		—		—		—		(76,775		)	(125,217		)
Less – treasury stock, at cost	—		—			—		—		—		—		120,000			120,000
Total	2,253,317		5,081,809			1,094,791		426,946		1,068,994		738,823		(225,191		)	10,439,489

TOTAL LIABILITIES AND EQUITY	$	9,606,117	$	17,701,271		$	3,602,140	$	1,494,569	$	4,033,081	$	3,927,712	$	733,861		$	41,098,751
Totals may not foot due to rounding.
(a) Primarily reflects other Entergy subsidiaries, including Entergy Utility Holding Company, LLC, Entergy Services, Inc., Entergy Operations, Inc. and the elimination of intercompany transactions.



UTILITY FINANCIAL RESULTS

UTILITY SELECTED ANNUAL FINANCIAL METRICS

	2016	2015	2014		2013		2012
ENTERGY ARKANSAS, INC.
As-Reported Earnings ($ millions)	161.9	67.4	114.5		155.1		145.5
Less Special Items ($ millions)	—	—	(1.4	)	(2.8	)	(13.0	)
Operational Earnings ($ millions)	161.9	67.4	115.9		157.9		158.5
GAAP MEASURES
ROIC – As-Reported (%)	4.8	2.9	4.0		5.4		5.5
ROE – As-Reported (%)	7.8	3.6	6.5		9.4		9.6
Debt to Capital Ratio (%)	55.3	56.8	58.1		56.4		55.8
Total Debt ($ millions)	2,831	2,642	2,689		2,380		2,139
Total Preferred ($ millions)	31	116	116		116		116
Total Equity ($ millions)	2,253	1,892	1,824		1,720		1,580
NON-GAAP MEASURES
ROIC – Operational (%)	4.8	2.9	4.1		5.6		6.1
ROE – Operational (%)	7.8	3.6	6.5		9.6		10.5
Total Debt, excluding securitization debt ($ millions)	2,783	2,581	2,615		2,293		2,040
Debt to Capital, excluding securitization debt (%)	54.9	56.2	57.4		55.5		54.6
Net Debt to Net Capital, excluding securitization debt (%)	54.7	56.1	55.3		54.1		54.2


ENTERGY LOUISIANA, LLC
As-Reported Earnings ($ millions)	622.0	440.9	438.2		406.3		432.3
Less Special Items ($ millions)	—	—	(3.5	)	(9.1	)	(11.2	)
Operational Earnings ($ millions)	622.0	440.9	441.7		415.4		443.5
GAAP MEASURES
ROIC – As-Reported (%)	7.6	6.3	6.4		6.1		6.8
Return on Average Members’ Equity – As-Reported (%)	12.7	9.8	10.2		9.4		10.6
Debt to Capital Ratio (%)	53.4	50.8	53.4		51.5		49.5
Total Debt ($ millions)	5,817	4,897	4,980		4,706		4,357
Total Preferred ($ millions)	—	—	110		110		110
Total Equity ($ millions)	5,082	4,794	4,316		4,364		4,455
NON-GAAP MEASURES
ROIC – Operational (%)	7.7	6.4	6.5		6.3		7.1
Return on Average Members’ Equity – Operational (%)	12.7	9.8	10.3		9.6		10.9
Total Debt, excluding securitization debt ($ millions)	5,717	4,776	4,839		4,545		4,178
Debt to Capital, excluding securitization debt (%)	52.9	50.2	52.7		50.6		48.4
Net Debt to Net Capital, excluding securitization debt (%)	52.0	50.0	51.0		49.8		48.0



UTILITY FINANCIAL RESULTS

UTILITY SELECTED ANNUAL FINANCIAL METRICS (CONTINUED)

	2016	2015	2014		2013		2012
ENTERGY MISSISSIPPI, INC.
As-Reported Earnings ($ millions)	106.7	89.9	72.0		79.3		43.9
Less Special Items ($ millions)	—	—	(1.2	)	(5.4	)	(7.5	)
Operational Earnings ($ millions)	106.7	89.9	73.2		84.7		51.4
GAAP MEASURES
ROIC – As-Reported (%)	6.6	6.1	5.3		5.7		4.2
ROE – As-Reported (%)	10.1	9.1	7.5		8.7		5.1
Debt to Capital (%)	50.2	49.7	50.9		51.0		55.5
Total Debt ($ millions)	1,121	1,048	1,048		1,044		1,161
Total Preferred ($ millions)	20	50	50		50		50
Total Equity ($ millions)	1,095	1,012	962		952		880
NON-GAAP MEASURES
ROIC – Operational (%)	6.6	6.1	5.4		5.9		4.5
ROE – Operational (%)	10.1	9.1	7.7		9.3		6.0
Net Debt to Net Capital (%)	48.4	45.9	49.3		51.0		54.4


ENTERGY NEW ORLEANS, INC.
As-Reported Earnings ($ millions)	47.9	44.0	30.0		11.6		18.9
Less Special Items ($ millions)	—	—	(0.4	)	(2.9	)	(0.9	)
Operational Earnings ($ millions)	47.9	44.0	30.4		14.5		19.8
GAAP MEASURES
ROIC – As-Reported (%)	7.7	8.7	7.6		4.5		6.2
ROE – As-Reported (%)	12.3	15.2	13.8		5.8		10.0
Debt to Capital (%)	50.1	48.1	55.1		56.9		55.2
Total Debt ($ millions)	449	343	304		298		266
Total Preferred ($ millions)	20	20	20		20		20
Total Equity ($ millions)	427	350	228		206		196
NON-GAAP MEASURES
ROIC – Operational (%)	8.6	9.5	7.7		5.0		6.4
ROE – Operational (%)	12.3	15.2	14.0		7.2		10.5
Net debt to net capital, excluding securitization debt	36.9	30.0	51.3		53.9		54.4


ENTERGY TEXAS, INC.
As-Reported Net Income ($ millions)	107.5	69.6	74.8		57.9		42.0
Less Special Items ($ millions)	—	—	(1.1	)	(8.8	)	(5.0	)
Operational Net Income ($ millions)	107.5	69.6	75.9		66.7		46.6
GAAP MEASURES
ROIC – As-Reported (%)	6.4	5.0	5.3		4.6		4.0
ROE – As-Reported (%)	10.6	7.5	8.4		6.6		4.8
Debt to Capital (%)	58.5	60.2	62.2		63.5		65.2
Total Debt ($ millions)	1,508	1,452	1,469		1,545		1,604
Total Preferred ($ millions)	—	—	—		—		—
Total Equity ($ millions)	1,069	961	892		887		854
NON-GAAP MEASURES
ROIC – Operational (%)	7.8	6.5	7.1		6.8		5.8
ROE – Operational (%)	10.6	7.5	8.5		7.7		5.3
Total Debt, excluding securitization debt ($ millions)	2,148	955	907		921		919
Debt to Capital, excluding securitization debt (%)	50.2	49.8	50.4		50.9		51.8
Net Debt to Net Capital, excluding securitization debt (%)	50.1	49.8	49.6		49.6		50.1



UTILITY FINANCIAL RESULTS

UTILITY SELECTED ANNUAL FINANCIAL METRICS (CONTINUED)

	2016	2015	2014	2013	2012
SYSTEM ENERGY RESOURCES, INC.
As-Reported Net Income ($ millions)	96.7	111.3	96.3	113.7	111.9
Less Special Items ($ millions)	—	—	—	—	—
Operational Net Income ($ millions)	96.7	111.3	96.3	113.7	111.9
GAAP MEASURES
ROIC – As-Reported (%)	8.8	9.3	8.2	8.3	8.5
ROE – As-Reported (%)	12.7	13.5	11.0	13.3	13.7
Debt to Capital (%)	45.5	42.3	45.5	46.2	49.5
Total Debt ($ millions)	618	573	727	751	815
Total Preferred ($ millions)	—	—	—	—	—
Total Equity ($ millions)	739	781	871	876	833
NON-GAAP MEASURES
ROIC – Operational (%)	8.8	9.3	8.2	8.3	8.5
ROE – Operational (%)	12.7	13.5	11.0	13.3	13.7
Net Debt to Net Capital (%)	33.5	30.5	36.7	41.6	46.8



UTILITY SECURITIES DETAIL

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY ARKANSAS, INC.
					FIRST		CURRENT OR
BONDS:				MATURITY	CALL	FIRST CALL		AS OF DECEMBER 31,
CUSIP		TYPE*	RATE	DATE	DATE	PRICE		2016			2015
($ millions)
29364DAQ3	3.75% Series	M	3.75%	02/21	Now	MW (T + .20%)		$	350		$	350
29364DAR1	3.05% Series	M	3.05%	06/23	Now	MW (T + .20%)		250			250
29364DAS9	3.7% Series	M	3.70%	06/24	Now	MW (T + .15%)		375			375
29364DAL4	5.66% Series	M	5.66%	02/25	Now	MW (T + .20%)		—			175
29364DAJ9	5.9% Series	M	5.9%	06/33	Now	100%		—			100
29364DAK6	6.38% Series	M	6.38%	11/34	Now	100%		—			60
29364D779	5.75% Series	M	5.75%	11/40	11/1/2015	100%		—			225
29364DAT7	4.95% Series	M	4.95%	12/44	Now	MW (T + .30%)		250			250
29364D761	4.90% Series	M	4.9%	12/52	12/1/2017	100%		200			200
29364D753	4.75% Series	M	4.75%	06/63	6/1/18	100%		125			125
29364DAU4	3.5% Series	M	3.50%	04/26	Now	MW (T + .20%)		380			—
29364D100	4.88% Series	M	4.88%	09/66	9/1/2021	100%		410			—
472712ES3	1.55% Series – Jefferson County	G(a,d)	1.55%	2017	Non-Call Life			55			55
453424BT9	2.38% Series – Independence County	G(a,d)	2.38%	2021	Non-Call Life			45			45
	Total bonds							2,440			2,210
OTHER LONG-TERM DEBT:
	3.23% Series J – Variable Interest Entity Note Payable		3.23%	07/16				—			55
	2.62% Series K – Variable Interest Entity Note Payable		2.62%	12/17				60			60
	3.65% Series L – Variable Interest Entity Note Payable		3.65%	07/21				90			90
	3.17% Series M – Variable Interest Entity Note Payable		3.17%	12/23				40			—
29365YAA1	2.30% Series Senior Secured – Securitization Bond		2.30%	08/21				50			63
	Long-Term United States Department of Energy Obligation(b)							182			181
	Unamortized Premium and Discount – Net							1			(3		)
	Unamortized Debt Issuance Costs							(34		)	(29		)
	Other							2			2
TOTAL LONG-TERM DEBT								2,830			2,630
Less Amount Due Within One Year								115			55
Long-Term Debt Excluding Amount Due Within One Year								$	2,715		$	2,575
Fair Value of Long-Term Debt(c)								$	2,624		$	2,498
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate								3.9%			4.3%
(a) Consists of pollution control revenue bonds and environmental revenue bonds.
(b) Pursuant to the Nuclear Waste Policy Act of 1982, Entergy’s nuclear owner/licensee subsidiaries have contracts with the DOE for spent nuclear fuel disposal service. The contracts include a one-time fee for generation prior to April 7, 1983. Entergy Arkansas is the only Entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee, plus accrued interest, in long-term debt.
(c) The fair value excludes long-term DOE obligations of $182 million at Entergy Arkansas and includes debt due within one year. Fair values are classified as Level 2 in the fair value hierarchy (see pgs. 212 - 220 of 2016 10K) and are based on prices derived from inputs such as benchmark yields and reported trades.
(d) The bonds are secured by a series of collateral first mortgage bonds.
Totals may not foot due to rounding.



			SHARES AUTHORIZED						CALL
			AND OUTSTANDING						PRICE PER SHARE
PREFERRED STOCK:			AS OF DECEMBER 31,		AS OF DECEMBER 31,				AS OF DECEMBER 31,
CUSIP		RATE	2016	2015	2016		2015		2016
($ millions)
	Without sinking fund:
	Cumulative, $100 par value:
29364D209	4.32% Series	4.32%	70,000	70,000	$	7	$	7	$ 103.65
29364D506	4.72% Series	4.72%	93,500	93,500	9		9		107.00
29364D308	4.56% Series	4.56%	75,000	75,000	8		8		102.83
29364D407	4.56% 1965 Series	4.56%	75,000	75,000	8		8		102.50
29364D605	6.08% Series	6.08%	—	100,000	—		10		—
	Cumulative, $25 par value:
29364D787	6.45% Series(a)	6.45%	—	3,000,000			75		—
	Total without sinking fund		313,500	3,413,500	$	31	$	116
(a) Series is callable at par.
Totals may not foot due to rounding.



UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY LOUISIANA, LLC
						CURRENT OR
BONDS:				MATURITY	FIRST CALL	FIRST CALL	AS OF DECEMBER 31,
CUSIP		TYPE*	RATE	DATE	DATE	PRICE	2016			2015
($ millions)
29364WAJ7	6.50% Series	M	6.5%	09/18	Now	MW (T + .40%)	$	300		$	300
29365PAN2	6.00% Series	M	6.0%	05/18	Now	MW (T + .40%)	375			375
29365PAQ5	3.95% Series	M	3.95%	10/20	Now	MW (T + .25%)	250			250
29364WAN8	4.8% Series	M	4.8%	05/21	Now	MW (T + .25%)	200			200
29364WAR9	3.30% Series	M	3.3%	12/22	Now	MW (T + .25%)	200			200
29364WAS7	4.05% Series	M	4.05%	09/23	Now	MW (T + .20%)	325			325
29365PAP7	5.59% Series	M	5.59%	10/24	Now	MW (T + .40%)	300			300
29364WAK4	5.40% Series	M	5.4%	11/24	Now	MW (T + .35%)	400			400
29365PAR3	3.78% Series	M	3.78%	04/25	Now	MW (T + .20%)	110			110
29364WAU2	3.78% Series	M	3.78%	04/25	Now	MW (T + .20%)	190			190
29364WAM0	4.44% Series	M	4.44%	01/26	Now	MW (T + .30%)	250			250
29364LAL6	6.2% Series	M	6.2%	07/33	Now	100%	—			240
29364LAT9	6.18% Series	M	6.18%	03/35	Now	100%	—			85
29364W306	6.0% Series	M	6.0%	03/40	3/15/15	100%	—			118
29364W405	5.875% Series	M	5.875%	06/41	11/23/15	100%	—			150
29364WAT5	5.0% Series	M	5.0%	07/44	Now	MW (T + .25%)	170			170
29364WAV0	4.95% Series	M	4.95%	01/45	Now	MW (T + .30%)	450			250
29364W504	5.25% Series	M	5.25%	07/52	7/1/17	100%	200			200
29364W603	4.7% Series	M	4.7%	06/63	6/1/18	100%	100			100
29364WAY4	2.4% Series	M	2.4%	10/26	Now	MW (T + .15%)	400			—
29364WAW8	3.25% Series	M	3.3%	04/28	Now	MW (T + .25%)	425			—
29364WAX6	3.05% Series	M	3.1%	06/31	Now	MW (T + .25%)	325			—
29364W108	4.88% Series	M	4.9%	09/66	9/1/21	100%	270			—
5463984Y1	3.375% Series – Louisiana Public Facilities Authority	G(a,c)	3.4%	9/1/28	3/1/21	100%	84			—
5463984Z8	3.5% Series – Louisiana Public Facilities Authority	G(a,c)	3.5%	6/1/30	6/1/21	100%	115			—
546398J82	5.0% Series – Louisiana Public Facilities Authority	G(a,c)	5.0%	2030	12/1/15	100%	—			115
546398J90	5.0% Series – Louisiana Public Facilities Authority	G(a,c)	5.0%	2028	9/1/15	100%	—			84
	Total bonds						5,439			4,412
OTHER LONG-TERM DEBT:
	3.30% Series F – Variable Interest Entity Note Payable		3.30%	03/16			—			20
	3.25% Series G – Variable Interest Entity Note Payable		3.25%	07/17			25			25
	3.25% Series Q – Variable Interest Entity Note Payable		3.25%	07/17			75			75
	3.38% Series R – Variable Interest Entity Note Payable		3.38%	08/20			70			70
	3.92% Series H – Variable Interest Entity Note Payable		3.92%	02/21			40			40
	3.22% Series I – Variable Interest Entity Note Payable		3.22%	12/23			20			—
	Credit Facility – weighted average rate 1.38%		1.38%	06/16			—			1
29366AAA2	2.04% Series Senior Secured - Securitization Bond		2.04%	06/21			101			123
	Waterford 3 Lease Obligation 8.09%		8.09%				57			109
	Waterford Series Collateral Trust Mortgage notes			07/17			43			—
	Unamortized Premium and Discount – Net						(15		)	(5		)
	Unamortized Debt Issuance Costs						(49		)	(40		)
	Other						7			7
TOTAL LONG-TERM DEBT							5,813			4,836
Less Amount Due Within One Year							200			29
Long-Term Debt Excluding Amount Due Within One Year							$	5,613		$	4,807
Fair Value of Long-Term Debt(b)							$	5,929		$	5,019
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate							5.3%			4.9%
(a) Consists of pollution control revenue bonds and environmental revenue bonds.
(b) The fair value excludes lease obligations of $57 million at Entergy Louisiana, and includes debt due within one year. Fair values are classified as Level 2 in the fair value hierarchy (see pgs. 212 - 220 of 2016 10K) and are based on prices derived from inputs such as benchmark yields and reported trades.
(c) The bonds are secured by a series of collateral first mortgage bonds.
Totals may not foot due to rounding.



UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY MISSISSIPPI, INC.
					FIRST
BONDS:				MATURITY	CALL	CURRENT OR	AS OF DECEMBER 31,
CUSIP		TYPE*	RATE	DATE	DATE	FIRST CALL PRICE	2016			2015
($ millions)
29364NAQ1	3.25% Series	M	3.25%	06/16	Now	MW (T + .25%)	$	—		$	125
29364NAP3	6.64% Series	M	6.64%	07/19	Now	MW (T + .50%)	150			150
29364NAR9	3.10% Series	M	3.10%	07/23	Now	MW (T + .25%)	250			250
29364NAS7	3.75% Series	M	3.75%	07/24	Now	MW (T + .15%)	100			100
29364N876	6.0% Series	M	6.00%	11/32	Now	100%	—			75
29364NAL2	6.25% Series	M	6.25%	04/34	Now	MW (T + .25%)	—			100
29364N843	6.20% Series	M	6.20%	04/40	4/15/15	100%	—			80
29364N835	6.00% Series	M	6.00%	05/51	5/1/16	100%	—			150
29364NAT5	2.85% Series	M	2.85%	06/28	Now	MW (T + .20%)	375			—
29364N108	4.90% Series	M	4.90%	10/66	10/1/21	100%	260			—
453424BS1	4.90% Series – Independence County	G(a,c)	4.90%	2022	6/2/14	101%	—			30
	Total bonds						1,135			1,060
OTHER LONG-TERM DEBT:
	Unamortized Premium and Discount – Net						(1		)	(1		)
	Unamortized Debt Issuance Cost						(13		)	(14		)
TOTAL LONG-TERM DEBT							1,121			1,045
Less Amount Due Within One Year							—			125
Long-Term Debt Excluding Amount Due Within One Year							$	1,121		$	920
Fair Value of Long-Term Debt(b)							$	1,086		$	1,087
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate							4.0%			4.9%
(a) Consists of pollution control revenue bonds and environmental revenue bonds.
(b) The fair value includes debt due within one year. Fair values are classified as Level 2 in the fair value hierarchy (see pgs. 212 - 220 of 2016 10K) and are based on prices derived from inputs such as benchmark yields and reported trades.
(c) The bonds are secured by a series of collateral first mortgage bonds.
Totals may not foot due to rounding.




			SHARES AUTHORIZED
			AND OUTSTANDING								CALL PRICE PER SHARE
PREFERRED STOCK:			AS OF DECEMBER 31,				AS OF DECEMBER 31,				AS OF DECEMBER 31,
CUSIP		RATE	2016		2015		2016		2015		2016
($ millions)
	Without sinking fund:
	Cumulative, $100 par value:
29364N207	4.36% Series	4.36%	$	59,920	$	59,920	$	6	$	6	$ 104.00
29364N306	4.56% Series	4.56%	43,887		43,887		4		4		107.00
29364N405	4.92% Series	4.92%	100,000		100,000		10		10		102.88
	Cumulative, $25 par value:
29364N850	6.25% Series	6.25%	—		1,200,000		—		30		—
	Total without sinking fund		$	203,807	$	1,403,807	$	20	$	50



ENTERGY NEW ORLEANS, INC.
					FIRST
BONDS:				MATURITY	CALL	CURRENT OR	AS OF DECEMBER 31,
CUSIP		TYPE*	RATE	DATE	DATE	FIRST CALL PRICE	2016			2015
($ millions)
29364PAM5	5.10% Series	M	5.1%	12/20	Now	MW (T + .35%)	$	25		$	25
29364PAN3	3.9% Series	M	3.9%	07/23	Now	MW (T + .30%)	100			100
29364PAK9	5.6% Series	M	5.6%	09/24	Now	100%	—			33
29364PAJ2	5.65% Series	M	5.65%	09/29	Now	100%	—			38
29364P509	5.0% Series	M	5.0%	12/52	12/1/17	100%	30			30
29364PAP8	4.0% Series	M	4.0%	06/26	Now	MW (T + .35%)	85			—
29364P103	5.5% Series	M	5.5%	04/66	4/1/21	100%	110			—
	Total bonds						350			226
OTHER LONG-TERM DEBT:
29277VAA4	2.67% Series Senior Secured - Securitization Bond		2.7%	06/27			87			99
	Payable to Entergy Louisiana			11/35			21			26
	Unamortized Premium and Discount – Net						—			—
	Unamortized Debt Issuance Cost						(9		)	(7		)
TOTAL LONG-TERM DEBT							449			344
Less Amount Due Within One Year							2			5
Long-Term Debt Excluding Amount Due Within One Year							$	447		$	339
Fair Value of Long-Term Debt(a)							$	455		$	351
*M = Mortgage; G = Governmental
Weighted-average annualized coupon rate							4.2%			4.1%
(a) The fair value includes debt due within one year. Fair values are classified as Level 2 in the fair value hierarchy (see pgs. 212 - 220 of 2016 10K) and are based on prices derived from inputs such as benchmark yields and reported trades.
Totals may not foot due to rounding.



			SHARES AUTHORIZED
			AND OUTSTANDING						CALL PRICE PER SHARE
PREFERRED STOCK:			AS OF DECEMBER 31,		AS OF DECEMBER 31,				AS OF DECEMBER 31,
CUSIP		RATE	2016	2015	2016		2015		2016
($ millions)
	Without sinking fund:
	Cumulative, $100 par value:
29364P301	4.75% Series	4.75%	77,798	77,798	$	8	$	8	$	105
29364P202	4.36% Series	4.36%	60,000	60,000	6		6		104.58
29364P400	5.56% Series	5.56%	60,000	60,000	6		6		102.59
	Total without sinking fund		197,798	197,798	$	20	$	20
Totals may not foot due to rounding.



UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY TEXAS, INC.
					FIRST		AS OF
BONDS:				MATURITY	CALL	CURRENT OR	DECEMBER 31,
CUSIP		TYPE*	RATE	DATE	DATE	FIRST CALL PRICE	2016			2015
($ millions)
29365TAA2	7.125% Series	M	7.125%	02/19	Now	MW (T + .50%)	$	500		$	500
29365TAC8	4.1% Series	M	4.1%	09/21	Now	MW (T + .35%)	75			75
29365TAD6	5.15% Series	M	5.15%	06/45	6/25/16	MW (T + .35%)	250			250
29365T104	5.625% Series	M	5.625%	06/64	6/19/16	100%	135			135
29365TAE4	2.55% Series	M	2.550%	06/21	Now	MW (T + .20%)	125			—
	Total bonds						1,085			960
OTHER LONG-TERM DEBT:
29365QAB6	5.79% Series Senior Secured, Series A - Securitization Bond		5.79%	10/18			24			50
29365KAB9	3.65% Series Senior Secured, Series A - Securitization Bond		3.65%	08/19			75			117
29365QAC4	5.93% Series Senior Secured, Series A - Securitization Bond		5.93%	06/22			114			114
29365KAC7	4.38% Series Senior Secured - Securitization Bond		4.38%	11/23			219			219
	Unamortized Premium and Discount – Net						(2		)	(2		)
	Unamortized Debt Issuance Costs						(11		)	(11		)
	Other						4			5
TOTAL LONG-TERM DEBT							1,508			1,452
Less Amount Due Within One Year							—			—
Long-Term Debt Excluding Amount Due Within One Year							$	1,508		$	1,452
Fair Value of Long-Term Debt(a)							$	1,600		$	1,591
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate							5.5%			5.7%
(a) The fair value includes debt due within one year. Fair values are classified as Level 2 in the fair value hierarchy (see pgs. 212 - 220 of 2016 10K) and are based on prices derived from inputs such as benchmark yields and reported trades.
Totals may not foot due to rounding.



SYSTEM ENERGY RESOURCES, INC.

BONDS:				MATURITY	FIRST CALL	CURRENT OR	AS OF DECEMBER 31,
CUSIP		TYPE*	RATE	DATE	DATE	FIRST CALL PRICE	2016			2015
($ millions)
605277AB8	5.875% Series – Mississippi Business Finance Corp.	G(a)	5.875%	2022	Now	100%	$	134		$	156
871911AS2	4.10% Series	M	4.1%	04/23	Now	MW (T + 0.40%)	250			250
	Total bonds						384			406
OTHER LONG-TERM DEBT:
	4.02% Series H – Variable Interest Entity Note Payable		4.02%	02/17			50			50
	3.78% Series I – Variable Interest Entity Note Payable		3.78%	10/18			85			85
361561AA1	Grand Gulf Lease Obligation 5.13%		5.13%				34			34
	Unamortized Premium and Discount – Net						(1		)	(1		)
	Unamortized Debt Issuance Costs						(2		)	(2		)
TOTAL LONG-TERM DEBT							551			573
Less Amount Due Within One Year							50			—
Long-Term Debt Excluding Amount Due Within One Year							$	501		$	573
Fair Value of Long-Term Debt(b)							$	530		$	553
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate							4.5%			4.1%
(a) Consists of pollution control revenue bonds and environmental revenue bonds.
(b) The fair value excludes lease obligations of $34 million at System Energy and includes debt due within one year. Fair values are classified as Level 2 in the fair value hierarchy (see pgs. 212 - 220 of 2016 10K) and are based on prices derived from inputs such as benchmark yields and reported trades.
Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

UTILITY TOTAL CAPABILITY
						OWNED &
	OPERATED					LEASED	OPERATED
As of December 31, 2016	PLANTS	UNITS				(MW)(a)	(MW)(b)
Plants that use fuel type:
Gas/Oil	24	52				14,847	15,158
Coal	3	5				2,240	3,868
Petroleum Coke	1	2				—	204
Total Fossil	28	59				17,087	19,230
Hydro	3	7				74	153
Nuclear	4	5				5,222	5,359
Total Capability	35	71				22,383	24,742
All plants that have units with multiple fuel types are in the Gas & Oil plant count.
(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the
primary fuel (assuming no curtailments) that each station was designed to utilize.
(b) Certain Entergy subsidiaries jointly own electric generating facilities with affiliates or third parties, which Entergy operates for the
participating parties.

UTILITY SELECTED OPERATING DATA
	2016	2015		2014		2013	2012
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	51,976	43,732		34,158		30,364	31,011
Coal	9,164	8,263		13,970		13,567	13,320
Nuclear	35,871	39,682		40,986		38,676	37,714
Hydro	184	144		142		131	108
Total Net Generation	97,195	91,821		89,256		82,739	82,153
Purchased Power:
Affiliated Companies	—	—		—		349	713
Non-affiliated Companies	31,251	34,047		35,291		33,994	32,982
Total Purchased Power	31,251	34,047		35,291		34,343	33,695
Total Sources of Energy	128,446	125,868		124,547		117,081	115,850
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	35,112	36,068		35,932		35,169	34,664
Commercial	29,197	29,348		28,827		28,547	28,724
Industrial	45,739	44,382		43,723		41,653	41,181
Governmental	2,547	2,514		2,428		2,412	2,435
Total Retail	112,595	112,312		110,910		107,781	107,004
Sales for Resale	11,054	9,274		9,462		3,020	3,200
Unbilled Energy	406	(96	)	(485	)	530	15
Total Electric Energy Sales	124,055	121,490		119,887		111,331	110,219
Line Losses and Company Usage	4,391	4,378		4,660		5,750	5,631
Total Uses of Energy	128,446	125,868		124,547		117,081	115,850
Electric Energy Sales (Weather Adjusted)(GWh):
Residential	35,362	35,413		35,188		35,143	35,357
Commercial	28,767	29,022		28,907		28,573	28,596
Industrial	45,739	44,382		43,723		41,653	41,181
Governmental	2,540	2,509		2,430		2,413	2,426
Total Weather Adjusted Sales	112,408	111,326		110,248		107,782	107,560
Peak Demand (MW)	21,387	21,730		20,472		21,581	21,866
Operational Summer Capacity at Peak (MW)	24,656	24,504		24,367		23,802	23,407
Annual System Load Factor (%)	63	61		65		62	60
Retail Electric Sales Growth Rate (%)	0.3	1.3		2.9		0.7	(1.5	)
Retail Electric Sales Weather-Adjusted Growth Rate (%)	1.0	1.0		2.3		0.2	1.9
Regional Gross Domestic Product Rate (%)	0.5	1.6		1.6		0.8	1.0
National Gross Domestic Product Rate (%)	2.0	1.6		3.3		1.6	1.3
Average Fuel Cost (cents/KWh)
Natural Gas	2.44	2.65		4.36		4.12	3.15
Nuclear Fuel	0.63	0.85		0.89		0.92	0.85
Coal	2.65	2.85		2.63		2.70	2.60
Purchased Power	3.71	3.39		5.14		4.32	3.58
Certain prior year data has been reclassified to conform with current year presentation.
Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

2016 CONSOLIDATING UTILITY ELECTRIC STATISTICAL INFORMATION

	EAI	ELL	EMI	ENOI	ETI		SERI		ELIMINATIONS		UTILITY	%
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	789,472	1,195,721	458,547	231,274	612,660		—		—		3,287,674	37	%
Commercial	495,455	930,024	374,426	205,846	356,057		—		—		2,361,809	27	%
Industrial	445,525	1,350,484	133,951	32,787	364,614		—		—		2,327,361	26	%
Governmental	18,456	66,530	38,265	69,126	24,373		—		—		216,750	2	%
Total Retail	1,748,908	3,542,759	1,005,189	539,033	1,357,704		—		—		8,193,594	92	%
Sales for Resale	167,149	418,060	31,408	32,843	218,007		548,372		(1,179,613	)	236,225	3	%
Other	170,551	165,524	58,052	14,944	39,908		(81	)	(11,958	)	436,939	5	%
Total	2,086,608	4,126,343	1,094,649	586,820	1,615,619		548,291		(1,191,571	)	8,866,758	100	%

SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	8,327	26,210	7,852	1,792	7,795		—		—		51,976	41	%
Coal	4,457	1,599	1,926	—	1,182		—		—		9,164	7	%
Nuclear	13,420	17,152	—	—	—		5,299		—		35,871	28	%
Hydro	184	—	—	—	—		—		—		184	—
Total Net Generation	26,388	44,961	9,778	1,792	8,977		5,299		—		97,195	76	%
Purchased Power:
Affiliated Companies	1,938	6,033	2,150	3,865	6,048		—		(20,034	)	—	—
Non-affiliated Companies	2,315	14,685	3,353	1,535	9,363		—				31,251	24	%
Total Purchased Power	4,253	20,718	5,503	5,400	15,411		—		(20,034	)	31,251	24	%
Total Sources of Energy	30,641	65,679	15,281	7,192	24,388		5,299		(20,034	)	128,446	100	%

USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	7,618	13,810	5,617	2,231	5,836		—		—		35,112	31	%
Commercial	5,988	11,478	4,894	2,268	4,570		—		—		29,197	26	%
Industrial	6,795	28,517	2,493	441	7,493		—		—		45,739	41	%
Governmental	237	794	439	794	283		—		—		2,547	2	%
Total Retail	20,638	54,599	13,443	5,734	18,182		—		—		112,595	100	%
Sales for Resale	8,724	9,035	1,021	1,212	5,711		5,384		(20,034	)	11,054	—
Unbilled Energy	156	206	57	3	(16	)	—		—		406	—
Total Electric Energy Sales	29,518	63,840	14,521	6,949	23,877		5,384		(20,034	)	124,055	—
Line Losses and Company Usage	1,123	1,839	760	243	511		(85	)	—		4,391	—
Total Uses of Energy	30,641	65,679	15,281	7,192	24,388		5,299		(20,034	)	128,446	—

AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	10.36	8.66	8.16	10.37	10.50		—		—		9.36	—
Commercial	8.27	8.10	7.65	9.08	7.79		—		—		8.09	—
Industrial	6.56	4.74	5.37	7.43	4.87		—		—		5.09	—
Governmental	7.79	8.38	8.72	8.71	8.61		—		—		8.51	—

NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31, 2016)
Residential	589,048	923,383	374,119	177,993	388,143		—		—		2,452,686	85%
Commercial	93,183	129,989	64,274	16,425	48,276		—		—		352,147	12%
Industrial	23,922	10,768	4,028	2,117	5,417		—		—		46,252	2%
Governmental	727	7,927	5,055	1,860	2,162		—		—		17,731	1%
Total Retail Customers	706,880	1,072,067	447,476	198,395	443,998		—		—		2,868,816	100%
Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

ENTERGY ARKANSAS, INC.
	2016	2015		2014		2013	2012
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	789,472	823,983		754,513		772,059	765,564
Commercial	495,455	515,145		461,238		469,367	472,046
Industrial	445,525	477,217		424,151		432,852	439,467
Governmental	18,456	19,821		18,314		19,206	19,787
Total Retail	1,748,908	1,836,166		1,658,216		1,693,484	1,696,864
Sales for Resale	167,149	323,571		412,805		429,141	369,322
Other	170,551	93,827		101,370		67,534	60,818
Total Electric Operating Revenues	2,086,608	2,253,564		2,172,391		2,190,159	2,127,004

SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	8,327	5,768		3,508		3,200	1,889
Coal	4,457	4,423		7,753		7,481	7,179
Nuclear	13,420	13,838		14,476		11,946	15,493
Hydro	184	144		142		131	108
Total Net Generation	26,388	24,172		25,879		22,758	24,669
Purchased Power:
Affiliated Companies	1,938	3,797		3,319		4,017	2,940
Non-affiliated Companies	2,315	4,408		3,324		4,608	4,130
Total Purchased Power	4,253	8,205		6,643		8,625	7,070
Total Sources of Energy	30,641	32,378		32,522		31,383	31,739

USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	7,618	8,016		8,070		7,921	7,859
Commercial	5,988	6,020		5,934		5,929	6,046
Industrial	6,795	6,889		6,808		6,769	6,925
Governmental	237	235		238		241	257
Total Retail	20,638	21,160		21,050		20,860	21,087
Sales for Resale	8,724	10,219		10,301		8,929	9,019
Unbilled Energy	156	(119	)	(98	)	100	13
Total Electric Energy Sales	29,518	31,260		31,253		29,889	30,119
Line Losses and Company Usage	1,123	1,118		1,269		1,494	1,620
Total Uses of Energy	30,641	32,378		32,522		31,383	31,739

AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	10.36	10.28		9.35		9.75	9.74
Commercial	8.27	8.56		7.77		7.92	7.81
Industrial	6.56	6.93		6.23		6.39	6.35
Governmental	7.79	8.43		7.69		7.97	7.70

NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential	589,048	587,634		585,896		585,157	583,882
Commercial	93,183	92,248		91,005		90,354	89,618
Industrial	23,922	24,303		23,996		24,198	21,295
Governmental	727	735		692		686	681
Total Retail Customers	706,880	704,920		701,589		700,395	695,476
Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

ENTERGY ARKANSAS, INC.

GENERATION PORTFOLIO
							PLANT						TOTAL PLANT – 2016
				OWNED &			AVG BTU								TOTAL
				LEASED			PER KWH	Emissions					NET	EXPENSES	PRODUCTION
			COMMERCIAL	CAPABILITY			NET	SO2	NOx	CO2	Hg		GENERATION	PER NET	EXPENSE
PLANT	UNIT	OWNERSHIP	OPERATION	(MW)(a)	FUEL TYPE	PURPOSE	GENERATION(d)	(tons)	(tons)	(tons)	(lbs)	TECHNOLOGY(b)	(MWH)	MWH	($ thousands)
Cecil Lynch	2	100%	1949	—	Gas/Oil	Retired	—						—	—	—
	3	100%	1954	—	Gas/Oil	Retired
Harvey Couch	1	100%	1943	—	Gas/Oil	Retired	—						—	—	—
	2	100%	1954	—	Gas/Oil	Retired
Lake Catherine	1	100%	1950	—	Gas/Oil	Retired
	2	100%	1950	—	Gas/Oil	Retired
	3	100%	1953	—	Gas/Oil	Retired
	4	100%	1970	520	Gas/Oil	Peaking	11,299	1.1	529	226,530			339,765	81.5	27,704
Hamilton Moses	1	100%	1951	—	Gas/Oil	Retired	—						—	—	—
	2	100%	1951	—	Gas/Oil	Retired
Mabelvale	1	100%	1970	—	Gas/Oil	Retired	—						5	101,669.2	508
	2	100%	1970	—	Gas/Oil	Retired
	3	100%	1970	—	Gas/Oil	Retired
	4	100%	1970	—	Gas/Oil	Retired
Robert Ritchie	1	100%	1961	—	Gas/Oil	Retired	—						—	—	—
	3	100%	1970	—	Gas/Oil	Retired	—						—	—	—
Ouachita	1	100%	2002	256	Gas	Intermediate	7,307	3	61	538,485		Dry LNB, SCR	2,689,274	26.8	71,972
	2	100%	2002	253	Gas	Intermediate		3	70	536,163		Dry LNB, SCR
Hot Spring	1	100%	2002	609	Gas	Intermediate	7,395	6	86	1,213,128		Dry LNB, SCR	2,936,301	27.3	80,189
Independence	1	31.5%	1983	263	Coal	Base	10,392	3,400	1,560	1,241,599	15	OFA, ESP, ACI	1,220,591	28.3	34,512
White Bluff	1	57%	1980	465	Coal	Base	10,761	4,551	2,633	1,702,209	26	OFA, ESP, ACI	3,270,090	34.1	111,480
	2	57%	1981	468	Coal	Base		5,901	2,907	2,131,143	33	OFA, ESP, ACI
Cecil Lynch	Diesel	100%	1967	—	Oil	Retired	—						—	—	—
Carpenter	1	100%	1932	31	Hydro	Peaking	—						141,579	10.7	1,522
	2	100%	1932	31	Hydro	Peaking
Remmel	1	100%	1925	4	Hydro	Peaking	—						43,943	18.8	825
	2	100%	1925	4	Hydro	Peaking
	3	100%	1925	4	Hydro	Peaking
Union Power Station	2	100%	2003	507	Gas	Intermediate	7,354	5	122	1,249,025		Dry LNB, SCR	2,374,273	23.1	54,960
Arkansas
Nuclear One	1	100%	1974	833	Nuclear PWR(c)	Base	10,377						13,420,015	27.0	362,050
	2	100%	1980	985	Nuclear PWR(c)	Base
Total				5,231				13,870	7,968	8,838,242	74		28,435,835	28.2	745,723
(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.
(b) Installed NOx and particulate matter emission control devices as stated in the EPA Monitoring Plan and operational: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low NOx Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection and Activated Carbon Injection (ACI). Currently have no SO2, or CO2 control equipment operating on any unit.
(c) PWR = Pressurized Water Reactor.
(d) The nuclear heat rate as reflected in the FERC Form 1 is calculated by obtaining the thermal generation in MWhs from the plant multiplied by the industry standard of 3.4126 to obtain the MMBtu equivalency
Total may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

ENTERGY LOUISIANA, LLC
	2016	2015	2014		2013	2012
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	1,195,721	1,292,903	1,358,221		1,303,928	1,075,768
Commercial	930,024	987,464	1,044,352		1,002,987	831,592
Industrial	1,350,484	1,418,773	1,569,202		1,457,013	1,122,991
Governmental	66,530	67,560	69,212		67,234	56,462
Total Retail	3,542,759	3,766,700	4,040,987		3,831,162	3,086,813
Sales for Resale	418,060	442,172	506,478		369,316	413,297
Other	165,524	152,652	121,349		139,795	119,498
Total Electric Operating Revenues	4,126,343	4,361,524	4,668,814		4,340,273	3,619,608


SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	26,210	22,450	16,421		12,873	15,303
Coal	1,599	1,462	1,995		2,006	2,033
Nuclear	17,152	15,301	17,311		16,955	15,659
Hydro	—	—	—		—	—
Total Net Generation	44,961	39,213	35,727		31,834	32,995
Purchased Power:
Affiliated Companies	6,033	10,001	9,863		13,291	12,063
Non-affiliated Companies	14,685	15,241	17,132		15,115	15,589
Total Purchased Power	20,718	25,242	26,995		28,406	27,652
Total Sources of Energy	65,679	64,455	62,722		60,240	60,647

USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	13,810	14,399	14,415		14,026	13,879
Commercial	11,478	11,700	11,555		11,402	11,399
Industrial	28,517	27,713	27,025		25,734	25,306
Governmental	794	756	732		723	707
Total Retail	54,599	54,568	53,727		51,885	51,291
Sales for Resale	9,035	8,270	7,291		6,147	7,432
Unbilled Energy	206	10	(197	)	268	43
Total Electric Energy Sales	63,840	62,848	60,821		58,300	58,766
Line Losses and Company Usage	1,839	1,607	1,901		1,940	1,881
Total Uses of Energy	65,679	64,455	62,722		60,240	60,647

AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	8.66	8.98	9.42		9.30	7.75
Commercial	8.10	8.44	9.04		8.80	7.30
Industrial	4.74	5.12	5.81		5.66	4.44
Governmental	8.38	8.94	9.46		9.30	7.99

NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential	923,383	916,095	927,579		922,438	915,710
Commercial	129,989	129,343	129,654		128,496	127,125
Industrial	10,768	10,629	10,805		10,533	10,293
Governmental	7,927	7,892	7,607		7,549	7,502
Total Retail Customers	1,072,067	1,063,959	1,075,645		1,069,016	1,060,630
Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

ENTERGY LOUISIANA, LLC

GENERATION PORTFOLIO
							PLANT						TOTAL PLANT – 2016
				OWNED &			AVG BTU								TOTAL
				LEASED			PER KWH	Emissions					NET	EXPENSES	PRODUCTION
			COMMERCIAL	CAPABILITY			NET	SO2	NOx	CO2	Hg		GENERATION	PER NET	EXPENSE
PLANT	UNIT	OWNERSHIP	OPERATION	(MW)(a)	FUEL TYPE	PURPOSE	GENERATION(d)	(tons)	(tons)	(tons)	(lbs)	TECHNOLOGY(b)	(MWH)	MWH	($ thousands)
Acadia	2	100%	2002	551	Gas	Intermediate	7,303	8	119	1,521,589		SCR	3,565,954	24.0	85,743
Buras	8	100%	1971	12	Gas/Oil	Peaking	17,810						8,856	132.4	1,172
Little Gypsy	1	100%	1961	—	Gas/Oil	Retired	11,071						2,521,700	36.3	91,633
	2	100%	1966	412	Gas/Oil	Intermediate		4	1,439	868,627		Reburn
	3	100%	1969	516	Gas/Oil	Intermediate		4	3,263	795,218		Reburn
Monroe	10	100%	1961	—	Gas	Retired							—	—	—
	11	100%	1965	—	Gas	Retired
	12	100%	1968	—	Gas	Retired
Ninemile Point	1	100%	1951	—	Gas/Oil	Retired	10,517						5,028,689	33.1	166,589
	2	100%	1953	—	Gas/Oil	Retired
	3	100%	1955	—	Gas/Oil	Retired			31	19,610
	4	100%	1971	675	Gas/Oil	Intermediate		8	6,145	1,580,860
	5	100%	1973	761	Gas/Oil	Intermediate		7	5,688	1,471,767
	6	100%	2014	560	Gas/Oil	Intermediate	6,822	8	177	1,531,044		SCR, Steam Injection	4,189,984	23.8	99,833
Perryville	1	100%	2002	536	Gas	Intermediate	7,151	7	154	1,349,230		Dry LNB, SCR	3,196,662	24.9	79,676
	2	100%	2001	155	Gas	Peaking			9	24,408		Dry LNB
Sterlington	6	100%	1958	—	Gas/Oil	Retired	12,226						3,216	374.1	1,203
	7	100%	1974	53	Gas/Oil	Peaking			9	2,223
Waterford	1	100%	1975	410	Gas/Oil	Intermediate	11,159	1	322	210,832		Low NOx Cell Burner, Combus Mod/Fuel Reburn	871,906	45.7	39,887
	2	100%	1975	411	Gas/Oil	Intermediate		2	590	341,923		Low NOx Cell Burner, Combus Mod/Fuel Reburn
	4	100%	2009	33	Oil	Peaking		1	3	3,666		Steam Injection
LA Station 2	10	100%	1950	—	Gas	Reserve	—						—	—	312
	11	100%	1950	—	Gas	Reserve
	12	100%	1953	—	Gas	Reserve
Willow Glen	1	100%	1960	—	Gas/Oil	Retired	10,918						117,544	85.4	10,043
	2	100%	1964	—	Gas/Oil	Reserve			11	12,932
	3	100%	1968	—	Gas	Retired						ESP
	4	100%	1973	—	Gas/Oil	Reserve			130	60,849
	5	100%	1976	—	Gas/Oil	Retired
Roy S. Nelson	3	100%	1960	—	Gas/Oil	Retired	11,473						347,340	50.5	17,556
	4	100%	1970	425	Gas/Oil	Reserve		1	268	241,397		Combus Mod/Fuel Reburn
Calcasieu	1	100%	2000	142	Gas	Peaking	10,379	1	151	190,518		Dry LNB	425,664	53.0	22,553
	2	100%	2001	157	Gas	Peaking			51	84,306		Dry LNB
Ouachita	3	100%	2002	250	Gas	Intermediate	7,284	3	65	487,760		Dry LNB, SCR	1,223,924	26.9	32,984
Roy S. Nelson	6	40%	1982	221	Coal	Base	12,065	3,419	1,065	1,137,569	15	LNB w/ Sep OFA, ESP, ACI	893,784	38.7	34,556
Big Cajun 2	3	24%	1983	138	Coal	Base	11,119	2,519	459	834,107	6	LNB w/ OFA, ESP, ACI	711,717	34.6	24,609
River Bend	1	100%	1986	967	Nuclear BWR(c)	Base	10,940						7,055,069	27.6	194,597
Waterford	3	100%	1985	1,165	Nuclear PWR(c)	Base	10,784						10,096,757	22.5	227,650
Union Power Station	3	100%	2003	510	Gas	Intermediate	7,326	6	93	956,555		Dry LNB, SCR	4,830,125	24.0	115,861
	4	100%	2003	511	Gas	Intermediate		6	104	1,044,321		Dry LNB, SCR
Total				9,572				6,005	20,346	14,771,311	21		45,088,889	27.6	1,246,457
(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.
(b) Installed NOx and particulate matter emission control devices as stated in the EPA Monitoring Plans and operational: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low NOx Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection and Activated Carbon Injection (ACI). Currently have no SO2 or CO2 control equipment operating on any unit.

(d) The nuclear heat rate as reflected in the FERC Form 1 is calculated by obtaining the thermal generation in MWhs from the plant multiplied by the industry standard of 3.4126 to obtain the MMBtu equivalency

Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

ENTERGY MISSISSIPPI, INC.
	2016	2015		2014		2013	2012
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	458,547	565,514		585,371		526,618	453,707
Commercial	374,426	465,517		480,754		432,240	381,346
Industrial	133,951	163,651		174,615		155,742	140,460
Governmental	38,265	46,537		46,863		41,967	36,289
Total Retail	1,005,189	1,241,219		1,287,604		1,156,567	1,011,802
Sales for Resale	31,408	85,387		166,238		116,514	46,962
Other	58,052	70,379		70,351		61,459	61,601
Total Electric Operating Revenues	1,094,649	1,396,985		1,524,193		1,334,540	1,120,366

SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	7,852	6,232		6,113		7,240	6,305
Coal	1,926	1,297		2,747		2,597	2,605
Nuclear	—	—		—		—	—
Hydro	—	—		—		—	—
Total Net Generation	9,778	7,529		8,860		9,837	8,910
Purchased Power:
Affiliated Companies	2,150	4,812		4,114		4,818	4,415
Non-affiliated Companies	3,353	3,470		3,780		1,428	1,393
Total Purchased Power	5,503	8,282		7,894		6,246	5,808
Total Sources of Energy	15,281	15,811		16,754		16,083	14,718

USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	5,617	5,661		5,672		5,629	5,550
Commercial	4,894	4,913		4,821		4,815	4,915
Industrial	2,493	2,283		2,297		2,265	2,400
Governmental	439	433		414		409	408
Total Retail	13,443	13,290		13,204		13,118	13,273
Sales for Resale	1,021	1,679		2,850		1,847	497
Unbilled Energy	57	(72	)	(32	)	19	24
Total Electric Energy Sales	14,521	14,897		16,022		14,984	13,794
Line Losses and Company Usage	760	914		732		1,099	924
Total Uses of Energy	15,281	15,811		16,754		16,083	14,718

AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	8.16	9.99		10.32		9.36	8.17
Commercial	7.65	9.48		9.97		8.98	7.76
Industrial	5.37	7.17		7.60		6.88	5.85
Governmental	8.72	10.75		11.31		10.26	8.91

NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential	374,119	372,194		370,265		369,686	368,660
Commercial	64,274	63,890		63,306		62,867	63,083
Industrial	4,028	3,959		3,847		3,752	3,598
Governmental	5,055	5,009		4,962		4,864	4,419
Total Retail Customers	447,476	445,052		442,380		441,169	439,760
Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

ENTERGY MISSISSIPPI, INC.

GENERATION PORTFOLIO
							PLANT						TOTAL PLANT – 2016
				OWNED &			AVG BTU								TOTAL
				LEASED			PER KWH	Emissions					NET	EXPENSES	PRODUCTION
			COMMERCIAL	CAPABILITY			NET	SO2	NOx	CO2	Hg		GENERATION	PER NET	EXPENSE
PLANT	UNIT	OWNERSHIP	OPERATION	(MW)(a)	FUEL TYPE	PURPOSE	GENERATION	(tons)	(tons)	(tons)	(lbs)	TECHNOLOGY(b)	(MWH)	MWH	($ thousands)
Attala	1	100%	2001	457	Gas	Intermediate	7,126	6	118	1,257,874	—	Dry LNB, SCR	3,063,102	23.8	73,037
Hinds	1	100%	2001	454	Gas	Intermediate	7,039	7	120	1,342,373	—	Dry LNB, SCR	3,272,819	23.4	76,432
Baxter Wilson	1	100%	1967	547	Gas/Oil	Peaking	11,184	1	67	35,862	—		630,508	63.5	40,029
	2	100%	1971	678	Gas/Oil	Peaking		2	1,484	392,845	—	Combus Mod/Fuel Reburn
Delta	1	100%	1953	—	Gas/Oil	Retired	—				—		—	—	—
	2	100%	1953	—	Gas/Oil	Retired					—
Gerald Andrus	1	100%	1975	732	Gas/Oil	Peaking	11,520	2	764	439,693	—	OFA	641,278	47.5	30,470
Natchez	1	100%	1951	—	Gas/Oil	Retired	—				—		—	—	—
Rex Brown	1	100%	1948	—	Gas	Retired	11,908				—		277,548	49.1	13,635
	3	100%	1951	24	Gas/Oil	Peaking		—	9	11,927	—
	4	100%	1959	202	Gas/Oil	Peaking		1	557	241,933	—
	5	100%	1968	9	Oil	Peaking					—
Independence	1	25%	1983	209	Coal	Base	10,691	2,698	1,238	985,364	12	OFA, ESP, ACI	1,930,165	29.7	57,362
	2	25%	1984	211	Coal	Base		2,944	1,228	1,073,396	18	OFA, ESP, ACI
Total				3,522				5,661	5,585	5,781,267	30		9,815,419	29.6	290,965
(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.
(b) Installed NOx and particulate matter emission control devices as stated in the EPA Monitoring Plan and operational: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low NOx Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection and Activated Carbon Injection (ACI). Currently have no SO2, or CO2 control equipment operating on any unit.
Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

ENTERGY NEW ORLEANS, INC.
	2016	2015	2014		2013	2012
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	231,274	219,788	228,913		221,007	194,628
Commercial	205,846	186,272	195,900		193,391	173,453
Industrial	32,787	30,523	33,022		35,178	31,607
Governmental	69,126	64,634	67,761		68,273	64,341
Total Retail	539,033	501,217	525,596		517,849	464,029
Sales for Resale	32,843	66,114	81,700		27,472	44,732
Other	14,944	16,991	17,792		19,310	14,146
Total Electric Operating Revenues	586,820	584,322	625,088		564,631	522,907

SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	1,792	1,742	2,003		1,500	2,344
Coal	—	—	—		—	—
Nuclear	—	—	—		—	—
Hydro	—	—	—		—	—
Total Net Generation	1,792	1,742	2,003		1,500	2,344
Purchased Power:
Affiliated Companies	3,865	4,358	3,344		3,915	3,385
Non-affiliated Companies	1,535	1,478	1,818		926	924
Total Purchased Power	5,400	5,836	5,162		4,841	4,309
Total Sources of Energy	7,192	7,578	7,165		6,341	6,653

USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	2,231	2,301	2,262		2,152	2,060
Commercial	2,268	2,257	2,181		2,130	2,105
Industrial	441	463	455		484	487
Governmental	794	825	783		778	806
Total Retail	5,734	5,846	5,681		5,544	5,458
Sales for Resale	1,212	1,655	1,397		531	1,013
Unbilled Energy	3	30	(35	)	28	(2	)
Total Electric Energy Sales	6,949	7,531	7,043		6,103	6,469
Line Losses and Company Usage	243	47	122		238	184
Total Uses of Energy	7,192	7,578	7,165		6,341	6,653

AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	10.37	9.55	10.12		10.27	9.45
Commercial	9.08	8.25	8.98		9.08	8.24
Industrial	7.43	6.59	7.26		7.27	6.49
Governmental	8.71	7.83	8.65		8.78	7.98

NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential	177,993	176,223	173,067		170,202	167,207
Commercial	16,425	16,356	16,080		15,854	15,591
Industrial	2,117	2,246	2,206		2,255	2,205
Governmental	1,860	1,886	1,888		1,827	1,845
Total Retail Customers	198,395	196,711	193,241		190,138	186,848
Totals may not foot due to rounding.
On Sept. 1, 2015, ELL transferred its Algiers assets to ENOI. The effect of the Algiers transfer has been retrospectively applied to ENOI's data presented above.

UTILITY STATISTICAL INFORMATION

ENTERGY NEW ORLEANS, INC.

GENERATION PORTFOLIO

PLANT

TOTAL PLANT – 2016

OWNED &

AVG BTU

TOTAL

LEASED

PER KWH

Emissions

NET

EXPENSES

PRODUCTION

COMMERCIAL

CAPABILITY

NET

SO2

NOx

CO2

GENERATION

PER NET

EXPENSE

PLANT

UNIT

OWNERSHIP

OPERATION

(MW)(a)

FUEL TYPE

PURPOSE

GENERATION

(tons)

(lbs)

TECHNOLOGY(b)

(MWH)

MWH

($ thousands)

Michoud

100%

1957

—

Gas/Oil

Retired

11,499

100%

1963

—

Gas/Oil

Retired

11,828

—

100%

1967

—

Gas/Oil

Retired

4,142

—

Combus Mod/Fuel Reburn

Union Power Station

100%

2003

512

Gas

Intermediate

6,925

760,640

Dry LNB, SCR

1,775,833

28.0

49,735

Total

512

106

776,610

1,775,833

28.0

49,735

(b) Installed NOx and particulate matter emission control devices as stated in the EPA Monitoring Plan and operational: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low NOx Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection and Activated Carbon Injection (ACI). Currently have no SO2, or CO2 control equipment operating on any unit.

Totals may not foot due to rounding.



SYSTEM ENERGY RESOURCES, INC.

	2016		2015		2014		2013		2012
ELECTRIC OPERATING REVENUES ($ thousands)	548,291		632,405		664,364		735,089		622,118

SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	—				—		—		—
Coal	—				—		—		—
Nuclear	5,299		10,543		9,199		9,775		6,562
Hydro	—				—		—		—
Total Net Generation	5,299		10,543		9,199		9,775		6,562
Purchased Power	—				—		—		—
Total Sources of Energy	5,299		10,543		9,199		9,775		6,562

USES OF ENERGY (GWh)
Electric Energy Sales	5,384		10,547		9,219		9,794		6,602
Unbilled Energy	—		—		—		—		—
Line Losses and Company Usage	(85	)	(4	)	(20	)	(19	)	(40	)
Total Uses of Energy	5,299		10,543		9,199		9,775		6,562
Totals may not foot due to rounding.

SYSTEM ENERGY RESOURCES, INC.

GENERATION PORTFOLIO

PLANT

TOTAL PLANT – 2016

OWNED &

AVG BTU

TOTAL

LEASED

PER KWH

Emissions

NET

EXPENSES

PRODUCTION

COMMERCIAL

CAPABILITY

NET

SO2

NOx

CO2

GENERATION

PER NET

EXPENSE

PLANT

UNIT

OWNERSHIP

OPERATION

(MW)(a)

FUEL TYPE

PURPOSE

GENERATION(c)

(tons)

(lbs)

TECHNOLOGY

(MWH)

MWH

($ thousands)

Grand Gulf

90%

1985

1,272

Nuclear BWR(b)

Base

10,671

—

5,383,561

29.9

160,760

Total

1,272

5,383,561

29.9

160,760

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize. Reflects estimate of the rerate for recovered performance (~ 55 MW) and uprate (~ 178 MW) completed in 2012. Approved Summer 2013 rating is 1,409 MW.

(b) BWR = Boiling Water Reactor.

(c) The nuclear heat rate as reflected in the FERC Form 1 is calculated by obtaining the thermal generation in MWhs from the plant multiplied by the industry standard of 3.4126 to obtain the MMBtu equivalency

Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

ENTERGY TEXAS, INC.
	2016		2015	2014		2013	2012
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	612,660		632,667	654,064		596,396	553,107
Commercial	356,057		369,155	383,662		327,299	325,342
Industrial	364,614		372,217	421,913		324,767	299,441
Governmental	24,373		25,356	26,266		23,535	22,940
Total Retail	1,357,704		1,399,395	1,485,905		1,271,997	1,200,830
Sales for Resale	218,007		273,469	338,976		416,285	348,783
Other	39,908		34,339	27,101		40,517	31,883
Total Electric Operating Revenues	1,615,619		1,707,203	1,851,982		1,728,799	1,581,496

SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	7,795		7,539	6,113		5,551	5,170
Coal	1,182		1,081	1,475		1,483	1,503
Nuclear	—		—	—		—	—
Hydro	—		—	—		—	—
Total Net Generation	8,977		8,620	7,588		7,034	6,673
Purchased Power:
Affiliated Companies	6,048		6,235	5,859		5,538	5,754
Non-affiliated Companies	9,363		9,751	9,750		12,381	11,423
Total Purchased Power	15,411		15,986	15,609		17,919	17,177
Total Sources of Energy	24,388		24,607	23,197		24,953	23,850

USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	5,836		5,889	5,810		5,726	5,604
Commercial	4,570		4,548	4,471		4,402	4,396
Industrial	7,493		7,036	7,140		6,404	6,066
Governmental	283		276	277		282	278
Total Retail	18,182		17,749	17,698		16,814	16,344
Sales for Resale	5,711		6,107	4,963		6,999	6,530
Unbilled Energy	(16	)	55	(123	)	115	(64	)
Total Electric Energy Sales	23,877		23,911	22,538		23,928	22,810
Line Losses and Company Usage	511		696	659		1,025	1,040
Total Uses of Energy	24,388		24,607	23,197		24,953	23,850

AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	10.50		10.74	11.26		10.42	9.87
Commercial	7.79		8.12	8.58		7.44	7.40
Industrial	4.87		5.29	5.91		5.07	4.94
Governmental	8.61		9.19	9.48		8.35	8.25

NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential	388,143		379,838	373,436		368,347	364,997
Commercial	48,276		47,003	46,371		45,825	45,247
Industrial	5,417		5,435	5,415		5,143	4,932
Governmental	2,162		2,377	2,334		2,310	2,271
Total Retail Customers	443,998		434,653	427,556		421,625	417,447
Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

ENTERGY TEXAS, INC.

GENERATION PORTFOLIO
							PLANT						TOTAL PLANT – 2016
				OWNED &			AVG BTU								TOTAL
				LEASED			PER KWH	Emissions					NET	EXPENSES	PRODUCTION
			COMMERCIAL	CAPABILITY			NET	SO2	NOx	CO2	Hg		GENERATION	PER NET	EXPENSE
PLANT	UNIT	OWNERSHIP	OPERATION	(MW)(a)	FUEL TYPE	PURPOSE	^GENERATION	(tons)	(tons)	(tons)	(lbs)	TECHNOLOGY(b)	(MWH)	MWH	($ thousands)
Roy S. Nelson	6	30%	1982	164	Coal	Base	12,065	2,527	787	840,812	4	LNB w/ Dep OFA, ESP, ACI	660,627	39.0	25,788
Big Cajun 2	3	18%	1983	101	Coal	Base	11,118	1,862	339	616,514	4	LNB w/ OFA, ESP, ACI	526,055	34.5	18,165
Lewis Creek	1	100%	1970	250	Gas/Oil	Intermediate	10,616	4	123	621,705		SCR	2,365,136	31.2	73,908
	2	100%	1971	250	Gas/Oil	Intermediate		2	169	793,729		SCR
Sabine	1	100%	1962	212	Gas/Oil	Intermediate	11,095	2	672	435,160			5,466,869	33.9	185,379
	2	100%	1962	—	Gas/Oil	Retired		—	46	40,071		Combus Mod/Fuel Reburn
	3	100%	1966	387	Gas/Oil	Intermediate		4	577	779,689		LNB w/ Sep OFA
	4	100%	1974	459	Gas	Intermediate		6	1,381	1,244,678		Combus Mod/Fuel Reburn
	5	100%	1979	449	Gas/Oil	Intermediate		5	727	922,914		LNB w/ Closed-coupled OFA
Total				2,272				4,412	4,821	6,295,272	8		9,018,687	33.6	303,241
(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.
(b) Installed NOx and particulate matter emission control devices as stated in the EPA Monitoring Plan and operational: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low NOx Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection and Activated Carbon Injection (ACI). Currently have no SO2, or CO2 control equipment operating on any unit.
Totals may not foot due to rounding.



UTILITY STATISTICAL INFORMATION

UTILITY NUCLEAR PLANT STATISTICS
The following table shows plant performance for 2012 – 2016 based on 18/24 month operating cycle.

CAPABILITY FACTOR (%)	2016	2015	2014	2013	2012
ANO	82.8	90.8	89.8	79.5	93.7
Grand Gulf	71.3	88.6	84.4	74.6	77.3
River Bend	83.0	89.2	92.6	90.0	90.3
Waterford 3	87.9	88.0	92.9	80.7	85.6
Entergy Southeast Average	81.5	89.5	89.9	80.8	88.1
Industry Average	92.7	92.0	90.4	89.1	86.8

The following table shows plant performance for 2016 and averages for four three-year periods.

PRODUCTION COST ($/MWh) (a)	2016	2013-2015	2012-2014	2011-2013	2010–2012
ANO	27.0	24.8	23.2	22.4	20.6
Grand Gulf	30.2	23.9	26.2	24.9	23.1
River Bend	27.5	27.2	26.0	25.7	24.6
Waterford 3	22.6	25.7	25.1	24.0	22.2
Entergy Southeast Average	26.4	25.2	24.9	24.0	22.3
(a) Fuel and non-fuel operation and maintenance expenses according to accounting standards that directly relate to the production of electricity per MWh; excludes special items.


INDIVIDUAL PLANT INFORMATION

	ANO		GRAND GULF	RIVER BEND	WATERFORD 3
	UNIT 1	UNIT 2
Owner	Entergy Arkansas	Entergy Arkansas	System Energy - 90% Cooperative Energy - 10%	Entergy Louisiana	Entergy Louisiana
Commercial Operation Date	December 74	March 80	July 85	June 86	September 85
License Expiration Date	5/20/34	7/17/38	11/1/44	8/29/25	12/18/24
Architect/Engineer	Bechtel Power	Bechtel Power	Bechtel Power	Stone & Webster	Ebasco
Reactor Manufacturer	Babcox & Wilcox	Combustion Engineering	General Electric	General Electric	Combustion Engineering
Reactor Type	PWR	PWR	BWR	BWR	PWR
Turbine Generator Manufacturer	Westinghouse	General Electric	Kraftwerk Union	General Electric	Westinghouse
Owned and Leased Capability (MW)(a)	833	985	1,272	967	1,165
Refueling Data:
Last Date	9/24/16 –	3/29/17 –	2/19/16 –	1/28/17 –	4/15/17 –
	12/14/16	TBD (d)	3/28/16	3/13/17	6/2/17
Number of Days	82	TBD (d)	39	44	48
Next Scheduled Refueling	Spring 18	Fall 18	Spring 18	Spring 19	Spring 19
2016 Capability Factor (%)	84.0	81.5	71.3	83.0	87.9
($ in millions as of December 31, 2016)
Net Book Value	1,369(b)		1,758	1,418(c)	2,207
Decommissioning Trust Fair Values	835(b)		780	713(c)	428
Decommissioning Liability	912(b)		854	485(c)	566
(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.
(b) ANO Units 1 and 2 are reported together.
(c) 30% of River Bend is not subject to rate regulation by the Public Utility Commission of Texas, the Louisiana Public Service Commission, nor various municipal authorities, and is included in non-utility property on the balance sheet. The decommissioning trust fund balance and decommissioning liability include amounts for the 30% not subject to rate regulation.
(d) As of 5/31/17, ANO Units 2 outage was still in process.



UTILITY REGULATORY INFORMATION

STATE REGULATORY COMMISSIONS

	ARKANSAS	LOUISIANA	MISSISSIPPI	NEW ORLEANS	TEXAS
Commission	Arkansas Public	Louisiana	Mississippi	New Orleans	Public Utility
	Service	Public Service	Public Service	City Council	Commission
	Commission	Commission	Commission		of Texas
Number of Commissioners	3	5	3	7	3
Method of Selection	Appointed by	Elected	Elected	Elected	Appointed by
	Governor				Governor
Term of Office	6 years –	6 years –	4 years –	4 years –	6 years –
	staggered	staggered	concurrent	concurrent	staggered
				(2 term limit)
Chair/President	Appointed by	Selected by	Rotates every	Rotates annually	Appointed by
	Governor	peers – 1 year	1 - 2 years, as	from the	Governor
		term	determined by members	at-large positions


COMMISSION/COUNCIL MEMBERS
					CURRENT
			PARTY	SERVICE BEGAN	TERM ENDS
ARKANSAS
Ted J. Thomas – Chairperson			Republican	1/15	1/21
Kimberly A. O'Guinn			Republican	1/17	1/23
Elana C. Wills			Nonpartisan	1/11	1/19
LOUISIANA
Eric Skrmetta - Chairperson			Republican	1/09	12/20
Damon J. Baldone			Democrat	6/17	12/17
Lambert C. Boissiere, III			Democrat	1/05	12/22
Foster L. Campbell, Jr.			Democrat	1/03	12/22
Mike Francis			Republican	11/16	12/22
MISSISSIPPI
Brandon Presley – Chairperson			Democrat	1/08	12/19
Cecil Brown – Vice-Chairperson			Democrat	1/16	12/19
Sam Britton			Republican	1/16	12/19
NEW ORLEANS
Jason Rogers Williams - Chairperson of Utility Committee			Democrat	5/14	5/18
Jared Brossett			Democrat	5/14	5/18
LaToya Cantrell			Democrat	12/12	5/18
James Gray II			Democrat	12/12	5/18
Susan Guidry			Democrat	5/10	5/18
Stacy Head			Democrat	5/06	5/18
Nadine Ramsey			Democrat	5/14	5/18
TEXAS
Kenneth W. Anderson Jr.			Republican	9/08	8/17
Brandy Marty Marquez			Republican	8/13	9/19
Vacant			N/A	N/A	N/A
As of 6/1/2017



ENTERGY WHOLESALE COMMODITIES

EWC QUARTERLY FINANCIAL METRICS ($ millions)
	2016							2015									FY
	1Q	2Q	3Q	4Q		FY		1Q	2Q		3Q		4Q		FY		CHANGE
GAAP MEASURES
As-Reported Earnings	79.0	250.3	7.7	(1,832.3	)	(1,495.3	)	122.9	(4.1	)	(1,032.0	)	(154.7	)	(1,067.8	)	(427.5	)
NON-GAAP MEASURES
Operational Adjusted EBITDA	219	58	135	68		480		254	62		129		70		515		(35	)
Operational Earnings	91.9	240.7	35.2	(7.7	)	360.0		127.5	(3.0	)	31.7		28.3		184.6		175.4



EWC ANNUAL FINANCIAL METRICS ($ millions)
	2016		2015		2014	2013	2012
GAAP MEASURES
As-Reported Earnings	(1,495.3	)	(1,067.8	)	292.3	42.9	40.4
NON-GAAP MEASURES
Operational Adjusted EBITDA	480		515		950	553	618
Operational Earnings	360.0		184.6		394.1	262.7	263.9



EWC QUARTERLY OPERATIONAL METRICS
	2016										2015										FY
	1Q		2Q		3Q		4Q		FY		1Q		2Q		3Q		4Q		FY		% CHANGE
Owned Capacity (MW) (a)	4,880		4,880		4,880		4,800		4,800		5,463		5,463		5,463		4,880		4,880		(2)%
GWh billed	9,246		7,866		9,372		9,397		35,881		9,592		9,578		10,440		10,135		39,745		(10)%
As-reported net revenue ($ millions)	466		293		396		387		1,542		527		350		410		379		1,666		(7)%
Operational net revenue ($ millions)	466		293		388		354		1,501		527		350		410		379		1,666		(10)%
EWC Nuclear
Capacity Factor	90%		76%		90%		91%		87%		90%		89%		92%		94%		91%		(4)%
GWh billed	8,688		7,308		8,674		8,881		33,551		8,618		8,555		9,125		9,561		35,859		(6)%
Production cost per MWh (b)	$	21.91	$	23.06	$	23.77	$	23.00	$	22.93	$	25.61	$	26.21	$	26.90	$	22.63	$	25.30	(9)%
As-reported net revenue ($ millions)	464		290		396		382		1,533		511		336		395		371		1,613		(5)%
Operational net revenue ($ millions)	464		290		388		349		1,492		511		336		395		371		1,613		(8)%
Totals may not foot due to rounding.
(a) Rhode Island State Energy Center (583 MW) was sold in December 2015 and investment in wind generation (80 MW) was sold in November 2016.
(b) Fuel and non-fuel O&M expenses according to accounting standards that directly relate to the production of electricity per MWh (based on net generation), excluding special items.



EWC ANNUAL OPERATIONAL METRICS
	2016		2015		2014		2013		2012
Owned Capacity (MW) (a)	4,800		4,880		6,068		6,068		6,612
GWh billed	35,881		39,745		44,424		45,127		46,178
As-reported net revenue ($ millions)	1,542		1,666		2,224		1,802		1,854
Operational net revenue ($ millions)	1,501		1,666		2,224		1,802		1,854
EWC Nuclear
Capacity Factor	87%		91%		91%		89%		89%
GWh billed	33,551		35,859		40,253		40,167		41,042
Production cost per MWh (b)	$	22.93	$	25.30	$	26.44	$	26.35	$	26.19
As-reported net revenue ($ millions)	1,533		1,613		2,166		1,737		1,957
Operational net revenue ($ millions)	1,492		1,613		2,166		1,737		1,957
Totals may not foot due to rounding.
(a) Vermont Yankee (605 MW) ceased power production on 12/29/14, RISEC (583 MW) was sold in December 2015 and investment in wind generation (80 MW) was sold in November 2016.
(b) Fuel and non-fuel O&M expenses according to accounting standards that directly relate to the production of electricity per MWh (based on net generation), excluding special items.



EWC TOTAL CAPACITY
	OPERATED (a)			OWNED CAPACITY
As of December 31, 2016	PLANTS	UNITS	MW	MW	%
Gas/Oil	—	—	—	213	4
Coal	—	—	—	181	4
Total Fossil	—	—	—	394	8
Nuclear (b)	5	6	5,206	4,406	92
Total Capacity	5	6	5,206	4,800	100
(a) Operated capacity includes management services contracts and excludes units operated by Entergy’s utility companies.
(b) Includes FitzPatrick, which was sold on 3/31/17.



ENTERGY WHOLESALE COMMODITIES

EWC NUCLEAR PLANT STATISTICS
				PILGRIM
	INDIAN POINT		PALISADES	NUCLEAR
	ENERGY CENTER		NUCLEAR	POWER
	UNIT 2	UNIT 3	PLANT	STATION (a)
Entergy Purchase Date	9/6/01	11/21/00	4/11/07	7/13/99
Commercial Operation Date	August 74	August 76	December 71	December 72
License Expiration Date	9/28/13 (b)	12/12/15 (b)	3/24/31	6/8/32
Architect/Engineer	United Engineers & Constructors	United Engineers & Constructors	Combustion Engineering	Bechtel Power
Reactor Manufacturer	Westinghouse	Westinghouse	Combustion Engineering	General Electric
Reactor Type	PWR	PWR	PWR	BWR
Turbine Generator Manufacturer	General Electric	Westinghouse	Westinghouse	General Electric
Net MWs in Operation (MW)	1,028	1,041	811	688
Refueling Data:
Last Date	3/7/16 –	3/13/17 –	4/23/17 –	4/9/17 –
	6/16/16	5/18/17	5/20/17	5/22/17
Number of Days	102	66	27	43
Next Scheduled Refueling	Spring 18	Spring 19
2016 Capacity Factor	67%	99%	99%	91%
Net Book Value of Plant and Related Assets	214	215	201	72
($ in millions as of December 31, 2016)
Capacity Zone (ICAP/UCAP)	NYISO Lower Hudson Valley	NYISO Lower Hudson Valley	MISO	NEPOOL
Nearest Market Hub	Zone G (c)	Zone G (c)	Indiana	Mass Hub
(a) Shutdown of Pilgrim is planned for 5/31/19.
(b) Indian Point Unit 2 began operating under timely renewal on 9/28/13; Unit 3 began operating under timely renewal on 12/13/15.
(c) Indian Point physically located in NYISO Zone H.

EWC NUCLEAR PLANT ADDITIONAL INFORMATION
				PALISADES	PILGRIM
	INDIAN POINT			NUCLEAR	NUCLEAR	VERMONT
	UNIT 1	UNIT 2	UNIT 3	PLANT	STATION	YANKEE
Decommissioning Trust Asset	443	564	785	412	960	584 (a)
Decommissioning Liability	208	653	641	538 (b)	602	471
($ in millions as of December 31, 2016)
Planned closing date	n/a (c)	4/30/20	4/30/21	10/1/18	5/31/19	n/a (d)
(a) Vermont Yankee trust asset includes site restoration trust fund.
(b) Includes $38 million for Big Rock Point.
(c) Indian Point 1 has been shut down and in safe storage since the 1970s.
(d) Vermont Yankee plant ceased power production on 12/29/14.

EWC NON-NUCLEAR WHOLESALE ASSETS PLANT STATISTICS
	NERC	COMMERCIAL	OWNERSHIP	NET	TOTAL	FUEL TYPE
PLANT	REGION	OPERATION	INTEREST	MW	MW	TECHNOLOGY
Independence – Unit 2	SERC	1983	14%	121	842	Coal
Nelson 6	SERC	1982	11%	60	550	Coal
RS Cogen	SERC	2002	50%	213	425	CCGT Cogen
Total				394	1,817

EWC NON-NUCLEAR WHOLESALE ASSETS PLANT EMISSIONS

		Emissions
PLANT	PURPOSE	SO2 (tons)	NOx (tons)	Co2 (tons)	Hg (lbs)	TECHNOLOGY (a)
Independence – Unit 2	Base	1,693	706	616,988	10	OFA, ESP, ACI
Nelson 6	Base	885	288	308,062	4	LNB w Sep OFA, ESP, ACI
RS Cogen	Base	5	402	909,345	—	Dry LNB/SCR
(a) Installed NOx and particulate matter emission control devices as stated in the EPA Monitoring Plans and operational: Overfire Air (OFA), Electrostatic Precipitator (ESP), Activated Carbon Injection (ACI), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Dry Low NOx Burners (Dry LNB), and Selective Catalytic Reduction (SCR) or Steam Injection. Currently have no SO2 or CO2 control equipment operating on any unit.
Totals may not foot due to rounding.



ENTERGY WHOLESALE COMMODITIES

EWC NUCLEAR SECURITIES DETAIL
LONG-TERM DEBT:
NOTE TO NEW YORK POWER AUTHORITY (NYPA) RELATING TO THE PURCHASE OF FITZPATRICK AND INDIAN POINT 3

			ADDITIONAL LTD				TOTAL ENDING			TOTAL
		INTEREST	RELATED TO	INTEREST			LONG-TERM			INTEREST
($ thousands)	LONG-TERM DEBT(a)	EXPENSE	PURCHASE OF IP2	EXPENSE			DEBT			EXPENSE
2010	137,026	7,255	18,945	1,173			155,971			8,428
2011	123,669	6,643	9,694	750			133,363			7,393
2012	109,681	6,012	—	305			109,681			6,317
2013	95,011	5,331	—	—			95,011			5,331
2014	79,638	4,627	—	—			79,638			4,627
2015	29,262	2,972	—	—			29,262			2,972
2016	—	887	—	—			—			887
In August 2016, Entergy entered into a trust transfer agreement with NYPA to transfer the decommissioning trust funds and decommissioning liabilities for the Indian Point 3
and FitzPatrick plants to Entergy. As part of the trust transfer agreement, the original decommissioning agreements were amended, and the Entergy subsidiaries' obligation
to make additional license extension payments to NYPA was eliminated.
Totals may not foot due to rounding.


EWC NON-NUCLEAR WHOLESALE ASSETS

EWC NON-NUCLEAR WHOLESALE ASSETS SECURITIES DETAIL
DEBT:
OUTSTANDING AS OF DECEMBER 31,
ENTERGY’S SHARE
($ millions)		2016	2015		MATURITY				RATE

RS Cogen Senior Project Debt
Bank Portion(a)		$13	$19		10/17/18				LIBOR + 2.25%
Institutional Portion		$38	$38		10/15/22				Fixed 8.73%
RS Cogen Subordinated Debt(b)		$22	$20		10/17/17				LIBOR + 4.50%
(a) RS Cogen spread on bank portion increases over time from 1.375% to 2.375%.
(b) Debt outstanding includes Entergy's portion of accrued but unpaid interest on Entergy's portion of the RS Cogen subordinated debt since the project went into default
on the subordinated credit facility in 2008.

VERMONT YANKEE CREDIT FACILITY
OUTSTANDING AS OF DECEMBER 31,		RATE	2016	2015
		2.17%	44.5	12

			SHARES OUTSTANDING
PREFERRED STOCK:			AS OF DECEMBER 31,		AS OF DECEMBER 31,
($ millions)		RATE	2016	2015	2016		2015

Without Sinking Fund:
Entergy Finance Holding, Inc.		8.75%(a)	250,000	250,000	$	24	$	24
Authorized 250,000 shares, $100 par value, cumulative
Total without sinking fund			250,000	250,000	$	24	$	24
(a) Dollar amount outstanding is net of $751 thousand of preferred stock issuance costs.



DEFINITIONS OF OPERATIONAL MEASURES AND GAAP AND NON-GAAP FINANCIAL MEASURES

OPERATIONAL MEASURES
Owned capacity (MW)	Installed capacity owned and operated by EWC; investment in wind generation was sold in November 2016
Production cost per MWh	Fuel and non-fuel O&M expenses according to accounting standards that directly relate to the production of electricity per MWh (based on net generation), excluding special items
Billed electric energy sales (GWh billed)	Total number of GWh billed to customers and financially-settled instruments (does not include amounts from investment in wind generation that was accounted for under the equity method of accounting and which was sold in November 2016)
Capability factor	The percentage of the maximum energy generation a plant is capable of supplying to the grid, limited only by factors within control of plant management; a high capability factor indicates effective plant programs and practices to minimize unplanned energy losses and to optimize planned outages
Capacity factor	Normalized percentage of the period that the nuclear plants generate power
Refueling outage days	Number of days lost for a scheduled refueling and maintenance outage during the period

Financial measures defined below include measures prepared in accordance with generally accepted accounting principles (GAAP), as well as non-GAAP measures.
Non-GAAP measures are included in this report in order to provide metrics that remove the effect of less routine financial impacts from commonly used financial metrics.

FINANCIAL MEASURES – GAAP
As-reported non-fuel O&M	Operation and maintenance expenses excluding fuel, fuel-related expenses and gas purchased for resale and purchased power
As-reported net revenue	Operating revenue less fuel, fuel related expenses and gas purchased for resale, purchased power and other regulatory charges (credits) – net
Return on average invested capital (ROIC) – as-reported	12-months rolling net income attributable to Entergy Corporation or subsidiary adjusted for preferred dividends and tax-effected interest expense divided by average invested capital
Return on average common equity (ROE) – as-reported	12-months rolling net income attributable to Entergy Corporation or subsidiary divided by average common equity
Return on average member's equity – as-reported	12-months rolling attributable to Entergy Corporation or subsidiary divided by average member's equity
Book value per share	End of period common equity divided by end of period shares outstanding
Common dividend payout – as-reported	Common dividend paid per share divided by earnings per share
Revolver capacity	Amount of undrawn capacity remaining on corporate and subsidiary revolvers, including Entergy Nuclear Vermont Yankee
Total debt	Sum of short-term and long-term debt, notes payable and commercial paper and capital leases on the balance sheet
Debt of joint ventures - Entergy’s share	Entergy's share of debt issued by business joint ventures at EWC
Leases - Entergy’s share	Operating leases held by subsidiaries capitalized at implicit interest rate
Debt to capital	Total debt divided by total capitalization
Securitization debt	Debt associated with securitization bonds issued to recover storm costs from hurricanes Rita, Ike and Gustav at Entergy Texas and Hurricane Isaac at Entergy New Orleans; the 2009 ice storm at Entergy Arkansas; and investment recovery of costs associated with the cancelled Little Gypsy repowering project at Entergy Louisiana

FINANCIAL MEASURES – NON-GAAP
Operational earnings	As-reported net income attributable to Entergy Corporation or subsidiary adjusted to exclude the effects of special items
Operational adjusted EBITDA	Earnings before interest, depreciation and amortization and income taxes excluding decommissioning expense and other than temporary impairment losses on decommissioning trust fund assets, excluding effects of special items; for Entergy consolidated, also excludes AFUDC-equity funds and subtracts securitization proceeds
Adjusted earnings	As-reported net income attributable to Entergy Corporation or subsidiary excluding effects of special items and weather and normalizing for income tax
Operational net revenue	Operating revenue less fuel, fuel related expenses and gas purchased for resale, purchased power and other regulatory charges (credits) – net excluding the effects of special items
Operational non-fuel O&M	Operation and maintenance expenses excluding fuel, fuel-related expenses and gas purchased for resale and purchased power excluding the effects of special items
Common dividend payout – operational	Common dividend paid per share divided by operational earnings per share
Return on average invested capital (ROIC) – operational	12-months rolling operational net income attributable to Entergy Corporation or subsidiary adjusted for preferred dividends and tax-effected interest expense divided by average invested capital
Return on average common equity (ROE) – operational	12-months rolling operational net income attributable to Entergy Corporation or subsidiary divided by average common equity
Return on average member's equity – operational	12-months rolling operational net income attributable to Entergy Corporation or subsidiary divided by average member's equity
Gross liquidity	Sum of cash and revolver capacity
Debt to capital, excluding securitization debt	Total debt divided by total capitalization, excluding securitization debt
Net debt to net capital, excluding securitization debt	Total debt less cash and cash equivalents divided by total capitalization less cash and cash equivalents, excluding securitization debt
Parent debt to total debt, excluding securitization debt	End of period Entergy Corporation debt, including amounts drawn on credit revolver and commercial paper facilities, as a percent of total debt excluding securitization debt
Debt to operational EBITDA, excluding securitization debt	End of period total debt excluding securitization debt divided by 12-months rolling operational adjusted EBITDA
Operational FFO	Funds from operations; net cash flow provided by operations less AFUDC-borrowed funds, working capital items in operating cash flow (receivables, fuel inventory, accounts payable, prepaid taxes and taxes accrued, interest accrued and other working capital accounts) and securitization regulatory charge, excluding effects of special items
Operational FFO to debt, excluding securitization debt	12-months rolling operational FFO as a percentage of end of period total debt excluding securitization debt



REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
2012-2016

($ millions)	2016		2015		2014		2013		2012
As-reported net income (loss) attributable to Entergy Corporation (A)	(584	)	(177	)	941		712		847
Preferred dividends	19		20		20		19		22
Tax-effected interest expense	410		396		386		371		350
As-reported net income (loss) attributable to Entergy Corporation
adjusted for preferred dividends and tax-effected interest expense (B)	(155	)	239		1,347		1,102		1,219

Special items (C)	(1,855	)	(1,253	)	(109	)	(245	)	(262	)

Operational earnings adjusted for preferred
dividends and tax-effected interest expense (B-C)	1,700		1,492		1,456		1,347		1,481

Operational earnings (A-C)	1,271		1,076		1,050		957		1,109

Average invested capital (D)	23,492		23,827		23,864		23,167		22,180

Average common equity (E)	8,669		9,632		9,820		9,415		9,079

($ per share)
As-Reported earnings per share (N)	(3.26	)	(0.99	)	5.22		3.99		4.76

Operational earnings per share (O)	7.11		6.00		5.83		5.36		6.23

Common dividend paid per share (P)	3.42		3.34		3.32		3.32		3.32

(%)
ROIC – As-Reported (B/D)	(0.7	)	1.0		5.6		4.8		5.5
ROIC – Operational ((B-C)/D)	7.2		6.3		6.1		5.8		6.7

ROE – As-Reported (A/E)	(6.7	)	(1.8	)	9.6		7.6		9.3
ROE – Operational ((A-C)/E)	14.7		11.2		10.7		10.2		12.2

Common dividend payout – As-Reported % (P/N)	(105	)	(339	)	64		83		70
Common dividend payout – Operational % (P/O)	48		56		57		62		53
Calculations may differ due to rounding.



REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
1Q15-4Q16

($ millions)	1Q16		2Q16		3Q16		4Q16		1Q15		2Q15		3Q15		4Q15
As-reported net income (loss) attributable to Entergy Corporation (A)	(245	)	174		1,285		(584	)	838		797		(156	)	(177	)
Preferred dividends	20		21		21		19		20		20		19		20
Tax-effected interest expense	398		404		407		410		389		391		396		396
As-reported net income (loss) attributable to Entergy Corporation
adjusted for preferred dividends and tax-effected interest expense (B)	173		599		1,713		(155	)	1,247		1,208		259		239

Special items (C)	(1,261	)	(1,250	)	(212	)	(1,855	)	(105	)	(95	)	(1,085	)	(1,253	)

Operational earnings adjusted for preferred
dividends and tax-effected interest expense (B-C)	1,434		1,849		1,925		1,700		1,352		1,303		1,344		1,492

Operational earnings (A-C)	1,016		1,424		1,497		1,271		943		892		929		1,076

Average invested capital (D)	24,627		24,617		24,443		23,492		24,298		24,190		23,819		23,827

Average common equity (E)	9,747		9,958		9,613		8,669		10,041		10,110		9,653		9,632

(%)
ROIC – As-Reported (B/D)	0.7		2.4		7.0		(0.7	)	5.1		5.0		1.1		1.0
ROIC – Operational ((B-C)/D)	5.8		7.5		7.9		7.2		5.6		5.4		5.6		6.3

ROE – As-Reported (A/E)	(2.5	)	1.7		13.4		(6.7	)	8.3		7.9		(1.6	)	(1.8	)
ROE – Operational ((A-C)/E)	10.4		14.3		15.6		14.7		9.4		8.8		9.6		11.2
Calculations may differ due to rounding.



REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
2012-2016

($ millions)	2016	2015	2014	2013	2012
Total debt (A)	15,275	13,850	13,917	13,562	13,358
Less securitization debt (B)	661	775	777	883	973
Total debt, excluding securitization debt (A-B)	14,614	13,075	13,140	12,679	12,385
Less cash and cash equivalents (C)	1,188	1,351	1,422	739	533
Net debt, excluding securitization debt (A-B-C)	13,426	11,724	11,718	11,940	11,852
Total capitalization (D)	23,560	23,425	24,229	23,499	22,836
Less securitization debt (E)	661	775	777	883	973
Total capitalization, excluding securitization debt (D-E)	22,899	22,650	23,452	22,616	21,863
Less cash and cash equivalents (F)	1,188	1,351	1,422	739	533
Net capitalization, excluding securitization debt (D-E-F)	21,711	21,299	22,030	21,877	21,330
(%)
Debt to capital (A/D)	64.8	59.1	57.4	57.7	58.5
Debt to capital, excluding securitization debt ((A-B)/D-E))	63.8	57.7	56.0	56.1	56.6
Net debt to net capital, excluding securitization debt ((A-B-C)/(D-E-F))	61.8	55.0	53.2	54.6	55.6

Revolver capacity (G)	3,720	3,582	3,592	3,977	3,462

Gross liquidity (C+G)	4,908	4,933	5,014	4,716	3,995

Entergy Corporation notes:
Due September 2015	—	—	550	550	550
Due January 2017	—	500	500	500	500
Due September 2020	450	450	450	450	450
Due July 2022	650	650	—	—	—
Due September 2026	750	—	—	—	—
Total parent long-term debt (H)	1,850	1,600	1,500	1,500	1,500
Revolver draw (I)	700	835	695	255	795
Commercial paper (J)	344	422	484	1,045	665

Total parent debt (H)+(I)+(J)	2,894	2,857	2,679	2,800	2,960

Parent debt to total debt, excluding securitization debt % ((H)+(I)+(J))/(A-B)	19.8	21.9	20.4	22.1	23.9
Calculations may differ due to rounding.



REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
1Q15-4Q16

($ millions)	1Q16	2Q16	3Q16	4Q16	1Q15	2Q15	3Q15	4Q15
Total debt (A)	15,092	14,837	15,073	15,275	14,044	13,858	14,144	13,850
Less securitization debt (B)	752	716	698	661	762	734	814	775
Total debt, excluding securitization debt (A-B)	14,340	14,121	14,375	14,614	13,282	13,124	13,330	13,075
Less cash and cash equivalents (C)	1,092	996	1,307	1,188	1,181	910	1,041	1,351
Net debt, excluding securitization debt (A-B-C)	13,248	13,125	13,068	13,426	12,101	12,214	12,289	11,724
Total capitalization (D)	24,771	24,913	25,375	23,560	24,483	24,321	23,512	23,425
Less securitization debt (E)	752	716	698	661	762	734	814	775
Total capitalization, excluding securitization debt (D-E)	24,019	24,197	24,677	22,899	23,721	23,587	22,698	22,650
Less cash and cash equivalents (F)	1,092	996	1,307	1,188	1,181	910	1,041	1,351
Net capitalization, excluding securitization debt (D-E-F)	22,927	23,201	23,370	21,711	22,540	22,677	21,657	21,299
(%)
Debt to capital (A/D)	60.9	59.6	59.4	64.8	57.4	57.0	60.2	59.1
Debt to capital, excluding securitization debt ((A-B)/D-E))	59.7	58.4	58.3	63.8	56.0	55.6	58.7	57.7
Net debt to net capital ratio, excluding securitization debt ((A-B-C)/(D-E-F))	57.8	56.6	55.9	61.8	53.7	53.9	56.7	55.0

Revolver capacity (G)	3,794	4,173	4,243	3,720	3,779	4,158	3,869	3,582

Gross liquidity (C+G)	4,886	5,169	5,550	4,908	4,960	5,068	4,910	4,933

Entergy Corporation notes:
Due September 2015	—	—	—	—	550	550	—	—
Due January 2017	500	500	500	—	500	500	500	500
Due September 2020	450	450	450	450	450	450	450	450
Due July 2022	650	650	650	650	—	—	650	650
Due September 2026	—	—	750	750
Total parent long-term debt (H)	1,600	1,600	2,350	1,850	1,500	1,500	1,600	1,600
Revolver draw (I)	616	240	180	700	508	271	525	835
Commercial paper (J)	578	853	264	344	762	895	664	422

Total parent debt (H)+(I)+(J)	2,794	2,693	2,794	2,894	2,770	2,666	2,789	2,857

Parent debt to total debt, excluding securitization debt % ((H)+(I)+(J))/(A-B)	19.5	19.1	19.4	19.8	20.9	20.3	20.9	21.9
Calculations may differ due to rounding.



REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
2012-2016

($ millions)	2016		2015		2014		2013		2012
Total debt (A)	15,275		13,850		13,917		13,562		13,358
Less securitization debt (B)	661		775		777		883		973
Total debt, excluding securitization debt (C)	14,614		13,075		13,140		12,679		12,385
As-reported consolidated net income, rolling 12 months	(565	)	(157	)	960		731		868
Add back: interest expense, rolling 12 months	666		643		628		604		569
Add back: income tax expense, rolling 12 months	(817	)	(643	)	590		226		31
Add back: depreciation and amortization, rolling 12 months	1,347		1,337		1,319		1,261		1,145
Add back: regulatory charges (credits), rolling 12 months	94		175		(14	)	46		175
Subtract: securitization proceeds, rolling 12 months	132		137		130		127		132
Subtract: interest and investment income, rolling 12 months	145		187		148		199		128
Subtract: AFUDC - equity funds, rolling 12 months	68		52		65		66		93
Add back: decommissioning expense, rolling 12 months	327		280		273		242		185
Adjusted EBITDA, rolling 12 months (D)	707		1,259		3,413		2,718		2,620
Add back: special item for transmission business spin-merge expenses, rolling 12 months (pre-tax)	—		—		—		36		39
Add back: special item for HCM implementation expenses, rolling 12 months (pre-tax)	—		—		16		60		—
Add back: special item resulting from EWC Nuclear plant impairments and costs associated with decisions to close or sell plants (pre-tax)	2,910		2,054		154		343		356
Add back: Top Deer investment impairment, rolling 12 months (pre-tax)	—		37		—		—		—
Add back: special item for gain on the sale of RISEC, rolling 12 months (pre-tax)	—		(154	)	—		—		—
Add back: special item for DOE litigation awards for VY and FitzPatrick, rolling 12 months (pre-tax)	(34	)	—		—		—		—
Operational adjusted EBITDA, rolling 12 months (E)	3,583		3,196		3,583		3,157		3,015
Debt to operational adjusted EBITDA, excluding securitization debt (times) (C)/(E)	4.1		4.1		3.7		4.0		4.1

Net cash flow provided by operating activities, rolling 12 months (F)	2,999		3,291		3,890		3,189		2,940
AFUDC borrowed funds used during construction, rolling 12 months (G)	(34	)	(27	)	(34	)	(26	)	(37	)
Working capital items in net cash flow provided by operating activities, rolling 12 months:
Receivables	(97	)	38		98		(181	)	(14	)
Fuel inventory	38		(12	)	4		5		(12	)
Accounts payable	174		(135	)	(13	)	94		(7	)
Prepaid taxes and taxes accrued	(29	)	82		(63	)	(143	)	55
Interest accrued	(7	)	(11	)	25		(4	)	1
Other working capital accounts	31		(114	)	112		(66	)	(152	)
Securitization regulatory charge	114		107		97		93		94
Total (H)	224		(45	)	260		(202	)	(35	)
FFO, rolling 12 months (F)+(G)-(H)	2,741		3,309		3,596		3,365		2,938
Add back: special item for transmission business spin-merge expenses, rolling 12 months (pre-tax)	—		—		—		36		37
Add back: special item for HCM implementation expenses, rolling 12 months (pre-tax)	—		—		51		24		—
Add back: special item resulting from EWC Nuclear plant impairments and costs associated with decisions to close or sell plants (pre-tax)	6		55		7		4		—
Operational FFO, rolling 12 months (I)	2,747		3,364		3,654		3,429		2,975
Operational FFO to debt, excluding securitization debt % (I)/(C)	18.8		25.7		27.8		27.0		24.0
Calculations may differ due to rounding.



REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
1Q15-4Q16

($ millions)	1Q16		2Q16		3Q16		4Q16		1Q15		2Q15		3Q15		4Q15
Total debt (A)	15,092		14,837		15,073		15,275		14,044		13,858		14,144		13,850
Less securitization debt (B)	752		716		698		661		762		734		814		775
Total debt, excluding securitization debt (C)	14,340		14,121		14,375		14,614		13,282		13,124		13,330		13,075
As-reported consolidated net income, rolling 12 months	(245	)	194		1,306		(565	)	857		817		(156	)	(157	)
Add back: interest expense, rolling 12 months	647		658		661		666		632		636		644		643
Add back: income tax expense, rolling 12 months	(653	)	(1,002	)	(377	)	(817	)	523		494		(35	)	(643	)
Add back: depreciation and amortization, rolling 12 months	1,340		1,335		1,340		1,347		1,322		1,331		1,333		1,337
Add back: regulatory charges (credits), rolling 12 months	166		185		196		94		(7	)	10		29		175
Subtract: securitization proceeds, rolling 12 months	136		137		140		132		129		130		134		137
Subtract: interest and investment income, rolling 12 months	152		158		157		145		181		196		186		187
Subtract: AFUDC - equity funds, rolling 12 months	59		61		62		68		61		59		56		52
Add back: decommissioning expense, rolling 12 months	279		287		303		327		277		278		279		280
Adjusted EBITDA, rolling 12 months (D)	1,187		1,301		3,070		707		3,233		3,181		1,718		1,259
Add back: special item for HCM implementation expenses, rolling 12 months (pre-tax)	—		—		—		—		11		4		3		—
Add back: special item resulting from EWC Nuclear plant impairments and costs associated with decisions to close or sell plants (pre-tax)	2,066		2,084		482		2,910		152		143		1,673		2,054
Add back: special item for DOE litigation awards for VY and FitzPatrick	—		(34	)	(34	)	(34	)	—		—		—		—
Add back: Top Deer investment impairment, rolling 12 months (pre-tax)	37		37		37		—		—		—		—		37
Add back: special item for gain on the sale of RISEC, rolling 12 months (pre-tax)	(154	)	(154	)	(154	)	—		—		—		—		(154	)
Operational adjusted EBITDA, rolling 12 months (E)	3,136		3,234		3,401		3,583		3,396		3,328		3,394		3,196
Debt to operational adjusted EBITDA, excluding securitization debt (times) (C)/(E)	4.6		4.4		4.2		4.1		3.9		3.9		3.9		4.1

Net cash flow provided by operating activities, rolling 12 months (F)	3,213		3,205		3,194		2,999		3,733		3,699		3,348		3,291
AFUDC borrowed funds used during construction, rolling 12 months (G)	(30	)	(31	)	(32	)	(34	)	(33	)	(30	)	(29	)	(27	)
Working capital items in net cash flow provided by operating activities, rolling 12 months:
Receivables	92		81		(10	)	(97	)	72		45		(5	)	38
Fuel inventory	1		1		24		38		(35	)	(32	)	(34	)	(12	)
Accounts payable	(49	)	15		55		174		(200	)	(164	)	(63	)	(135	)
Prepaid taxes and taxes accrued	134		108		3		(29	)	(51	)	(43	)	25		82
Interest accrued	4		(2	)	9		(7	)	7		5		(5	)	(11	)
Other working capital accounts	(118	)	(111	)	(59	)	31		137		104		(17	)	(114	)
Securitization regulatory charge	106		107		111		114		97		99		104		107
Total (H)	170		199		133		224		27		14		5		(45	)
FFO, rolling 12 months (F)+(G)-(H)	3,013		2,975		3,029		2,741		3,673		3,655		3,314		3,309
Add back: special item for HCM implementation expenses, rolling 12 months (pre-tax)	—		—		—		—		23		15		11		—
Add back: special item resulting from EWC Nuclear plant impairments and costs associated with decisions to close or sell plants (pre-tax)	4		6		6		6		56		57		56		55
Operational FFO, rolling 12 months (I)	3,017		2,981		3,035		2,747		3,752		3,727		3,381		3,364
Operational FFO to debt, excluding securitization debt % (I)/(C)	21.0		21.1		21.1		18.8		28.2		28.4		25.4		25.7
Calculations may differ due to rounding.



REG G RECONCILIATIONS

UTILITY FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
2012-2016

($ millions)	2016	2015	2014		2013		2012
As-reported earnings applicable to common stock/equity (A)	1,134.2	1,096.9	829.1		828.9		943.0
Preferred dividends	16.9	17.6	17.3		17.3		17.3
Tax-effected interest expense	343.4	334.6	327.5		313.1		293.1
As-reported earnings applicable to common stock/equity adjusted for
preferred dividends and tax-effected interest expense (B)	1,494.6	1,449.1	1,173.9		1,159.3		1,253.4

Utility special items
Transmission business spin-merge expenses	—	—	—		(8.7	)	(37.1	)
HCM implementation expenses	—	—	(7.6	)	(20.3	)	—
Total special items (C)	—	—	(7.6	)	(29.0	)	(37.1	)

Operational earnings adjusted for preferred
dividends and tax-effected interest expense (B-C)	1,494.6	1,449.1	1,181.5		1,188.3		1,290.6
Operational earnings (A-C)	1,134.2	1,096.9	836.7		857.8		980.1

As-reported Utility net revenue (D)	6,179.4	5,828.9	5,734.7		5,523.8		4,968.6

Utility special items included in net revenue
Transmission business spin-merge expenses	—	—	—		5.7		—
Total special items included in net revenue (E)	—	—	—		5.7		—

Operational Utility net revenue (D-E)	6,179.4	5,828.9	5,734.7		5,518.1		4,968.6

As-reported Utility non-fuel O&M (F)	2,487.3	2,560.6	2,394.6		2,388.9		2,190.4

Utility special items included in non-fuel O&M
Transmission business spin-merge expenses	—	—	12.6		28.3		38.2
HCM implementation expenses	—	—	—		35.7		—
Total special items included in non-fuel O&M (G)	—	—	12.6		64.0		38.2

Operational Utility non-fuel O&M (F-G)	2,487.3	2,560.6	2,382.0		2,324.9		2,152.2

Average invested capital (H)	21,896	20,642	20,213		19,488		18,154
Average common equity (I)	10,008	9,241	8,904		8,599		7,991

Gross debt (J)	12,349	10,955	11,163		10,674		10,325
Less securitization debt (K)	661	775	777		883		974
Gross debt, excluding securitization debt (J-K)	11,688	10,180	10,386		9,791		9,352
Less cash and cash equivalents (L)	747	619	973		551		380
Net debt, excluding securitization debt (J-K-L)	10,941	9,561	9,413		9,240		8,971

Total capitalization (M)	22,968	20,825	20,350		19,857		18,902
Less securitization debt (K)	661	775	777		883		974
Total capitalization, excluding securitization debt (M-K)	22,307	20,050	19,573		18,974		17,929
Less cash and cash equivalents (L)	747	619	973		551		380
Net capitalization, excluding securitization debt (M-K-L)	21,560	19,431	18,600		18,423		17,548

(%)
ROIC – As-Reported (B/H)	6.8	7.0	5.8		5.9		6.9
ROIC – Operational ((B-C)/H)	6.8	7.0	5.9		6.1		7.1
ROE – As-Reported (A/I)	11.3	11.9	9.3		9.6		11.8
ROE – Operational ((A-C)/I)	11.3	11.9	9.4		10.0		12.3
Debt to capital (J/M)	53.8	52.6	54.9		53.8		54.6
Debt to capital, excluding securitization debt ((J-K)/(M-K))	52.4	50.8	53.1		51.6		52.2
Net debt to net capital, excluding securitization debt ((J-K-L)/(M-K-L))	50.7	49.2	50.6		50.2		51.1
Calculations may differ due to rounding.



REG G RECONCILIATIONS

UTILITY FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
1Q15-4Q16

($ millions)	1Q16	2Q16	3Q16	4Q16	1Q15		2Q15		3Q15		4Q15
As-reported earnings applicable to common stock/equity (A)	194.9	375.6	443.3	120.4	223.4		199.7		360.0		313.7
Less special items (B)	—	—	—	—	—		—		—		—
Operational earnings (A-B)	194.9	375.6	443.3	120.4	223.4		199.7		360.0		313.7

As-reported earnings applicable to common stock/equity-rolling 12 months (C)	1,068.4	1,244.3	1,327.5	1,134.2	851.5		843.4		892.5		1,096.9
Preferred dividends	18.0	18.4	18.7	16.9	17.3		17.3		17.2		17.6
Tax-effected interest expense	335.2	339.4	342.3	343.4	331.2		335.4		336.9		334.6
As-Reported earnings applicable to common stock/equity, rolling
12 months adjusted for preferred dividends and tax-effected	1,421.6	1,602.1	1,688.5	1,494.5	1,200.0		1,196.1		1,246.6		1,449.1
interest expense (D)

Special items in prior quarters	—	—	—	—	(5.3	)	(1.8	)	(1.5	)	—
Special items in current quarter	—	—	—	—	—		—		—		—
Total special items (E)	—	—	—	—	(5.3	)	(1.8	)	(1.5	)	—

Operational earnings, rolling 12 months adjusted for preferred
dividends and tax-effected interest expense (D-E)	1,421.6	1,602.1	1,688.5	1,494.5	1,205.3		1,197.9		1,248.1		1,449.1
Operational earnings, rolling 12 months (C-E)	1,068.4	1,244.3	1,327.5	1,134.2	856.8		845.2		894.0		1,096.9

As-reported Utility net revenue (F)	1,375.1	1,524.2	1,859.1	1,421.1	1,410.5		1,487.6		1,750.2		1,180.6

Utility special items included in net revenue
Transmission business spin-merge expenses
Total special items included in net revenue (G)	—	—	—	—	—		—		—		—

Operational Utility net revenue (F-G)	1,375.1	1,524.2	1,859.1	1,421.1	1,410.5		1,487.6		1,750.2		1,180.6

As-reported Utility non-fuel O&M (H)	546.6	614.8	624.6	701.3	584.3		642.5		663.1		670.6

Utility special items included in non-fuel O&M
Transmission business spin-merge expenses	—	—	—	—	—		—		—		—
HCM implementation expenses	—	—	—	—	—		—		—		—
Total special items included in non-fuel O&M (I)	—	—	—	—	—		—		—		—

Operational Utility non-fuel O&M (H-I)	546.6	614.8	624.6	701.3	584.3		642.5		663.1		670.6

Average invested capital (J)	21,466	21,421	21,788	21,777	20,462		20,425		20,723		20,587
Average common equity (K)	9,535	9,619	9,958	10,008	9,038		9,093		9,325		9,241

Gross debt (L)	12,211	12,057	12,251	12,349	11,195		11,111		11,274		10,955
Less securitization debt (M)	752	716	698	661	762		734		814		775
Gross debt, excluding securitization debt (L-M)	11,459	11,341	11,553	11,688	10,433		10,377		10,460		10,180
Less cash and cash equivalents (N)	663	492	708	747	774		734		830		619
Net debt, excluding securitization debt (L-M-N)	10,796	10,849	10,845	10,941	9,659		9,643		9,630		9,561

Total capitalization (O)	22,470	22,417	22,854	22,968	20,579		20,562		20,983		20,825
Less securitization debt (M)	752	716	698	661	762		734		814		775
Total capitalization, excluding securitization debt (O-M)	21,718	21,701	22,156	22,307	19,817		19,828		20,169		20,050
Less cash and cash equivalents (N)	663	492	708	747	774		734		830		619
Net capitalization, excluding securitization debt (O-M-N)	21,055	21,209	21,448	21,560	19,043		19,094		19,339		19,431

(%)
ROIC – As-Reported (D/J)	6.6	7.5	7.7	6.8	5.9		5.9		6.0		7.0
ROIC – Operational ((D-E)/J)	6.6	7.5	7.7	6.8	5.9		5.9		6.0		7.0
ROE – As-Reported (C/K)	11.2	12.9	13.3	11.3	9.4		9.3		9.6		11.9
ROE – Operational ((C-E)/K)	11.2	12.9	13.3	11.3	9.5		9.3		9.6		11.9
Debt to capital ratio (L/O)	54.3	53.8	53.6	53.8	54.4		54.0		53.7		52.6
Debt to capital, excluding securitization debt ((L-M)/(O-M))	52.8	52.3	52.1	52.4	52.6		52.3		51.9		50.8
Net debt to net capital, excluding securitization debt ((L-M-N)/(O-M-N))	51.3	51.2	50.6	50.7	50.7		50.5		49.8		49.2
Calculations may differ due to rounding.



REG G RECONCILIATIONS

ENTERGY ARKANSAS FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
2012-2016

($ millions)	2016	2015	2014		2013		2012
As-reported earnings applicable to common stock (A)	161.9	67.4	114.5		155.1		145.5
Preferred dividends	5.3	6.9	6.9		6.9		6.9
Tax-effected interest expense	65.3	60.3	55.5		54.3		49.5
As-reported earnings applicable to common stock adjusted for
preferred dividends and tax-effected interest expense (B)	232.5	134.6	176.9		216.3		201.9

Special items
Transmission business spin-merge expenses	—	—	—		(0.4	)	(13.0	)
HCM implementation expenses	—	—	(1.4	)	(2.4	)	—
Total special items (C)	—	—	(1.4	)	(2.8	)	(13.0	)

Operational earnings adjusted for preferred
dividends and tax-effected interest expense (B-C)	232.5	134.6	178.3		219.1		214.9
Operational earnings (A-C)	161.9	67.4	115.9		157.9		158.5
Average invested capital (D)	4,883	4,640	4,423		4,026		3,645
Average invested capital, excluding securitization (E)	4,828	4,572	4,343		3,933		3,540
Average common equity (F)	2,072	1,858	1,772		1,650		1,512

Gross debt (G)	2,831	2,642	2,689		2,380		2,139
Less securitization debt (H)	48	61	74		87		99
Gross debt, excluding securitization debt (G-H)	2,783	2,581	2,615		2,293		2,040
Less cash and cash equivalents (I)	21	9	219		127		35
Net debt, excluding securitization debt (G-H-I)	2,762	2,572	2,396		2,166		2,006

Total capitalization (J)	5,115	4,650	4,630		4,216		3,835
Less securitization debt (K)	48	61	74		87		99
Total capitalization, excluding securitization debt (J-K)	5,067	4,589	4,556		4,129		3,736
Less cash and cash equivalents (L)	21	9	219		127		35
Net capitalization, excluding securitization debt (J-K-L)	5,046	4,580	4,337		4,002		3,702

(%)
ROIC – As-Reported (B/D)	4.8	2.9	4.0		5.4		5.5
ROIC – Operational ((B-C)/E)	4.8	2.9	4.1		5.6		6.1
ROE – As-Reported (A/F)	7.8	3.6	6.5		9.4		9.6
ROE – Operational ((A-C)/F)	7.8	3.6	6.5		9.6		10.5
Debt to capital (G/J)	55.3	56.8	58.1		56.4		55.8
Debt to capital, excluding securitization debt ((G-H)/(J-K))	54.9	56.2	57.4		55.5		54.6
Net debt to net capital, excluding securitization debt ((G-H-I)/(J-K-L))	54.7	56.1	55.3		54.1		54.2
Calculations may differ due to rounding.



REG G RECONCILIATIONS

ENTERGY TEXAS – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
2012-2016

($ millions)	2016	2015	2014		2013		2012
As-reported net income (A)	107.5	69.6	74.8		57.9		42.0
Preferred dividends	—	—	—		—		—
Tax-effected interest expense	51.0	50.7	53.0		54.7		57.2
As-reported net income adjusted for preferred
dividends and tax-effected interest expense (B)	158.5	120.3	127.8		112.6		99.2

Special items
Transmission business spin-merge expenses	—	—	—		(3.2	)	(4.6	)
HCM implementation expenses	—	—	(1.1	)	(5.6	)	—
Total special items (C)	—	—	(1.1	)	(8.8	)	(4.6	)

Operational earnings adjusted for preferred
dividends and tax-effected interest expense (B-C)	158.5	120.3	128.9		121.4		103.8
Operational earnings (A-C)	107.5	69.6	75.9		66.7		46.6
Average invested capital (D)	2,495	2,387	2,396		2,445		2,509
Average invested capital, excluding securitization debt (E)	2,032	1,858	1,803		1,790		1,795
Average common equity (F)	1,015	927	889		871		877

Gross debt (G)	1,508	1,452	1,469		1,545		1,604
Less securitization debt (H)	429	497	562		624		685
Gross debt, excluding securitization debt (G-H)	1,079	955	907		921		919
Less cash and cash equivalents (I)	6	2	30		47		60
Net debt, excluding securitization debt (G-H-I)	1,073	953	877		874		859

Total capitalization (J)	2,577	2,413	2,361		2,432		2,458
Less securitization debt (K)	429	497	562		624		685
Total capitalization, excluding securitization debt (J-K)	2,148	1,916	1,799		1,808		1,773
Less cash and cash equivalents (L)	6	2	30		47		60
Net capitalization, excluding securitization debt (J-K-L)	2,142	1,914	1,769		1,761		1,713

(%)
ROIC – As-Reported (B/D)	6.4	5.0	5.3		4.6		4.0
ROIC – Operational ((B-C)/E)	7.8	6.5	7.1		6.8		5.8
ROE – As-Reported (A/F)	10.6	7.5	8.4		6.6		4.8
ROE – Operational ((A-C)/F)	10.6	7.5	8.5		7.7		5.3
Debt to capital (G/J)	58.5	60.2	62.2		63.5		65.2
Debt to capital, excluding securitization debt ((G-H)/(J-K))	50.2	49.8	50.4		50.9		51.8
Net debt to net capital, excluding securitization debt ((G-H-I)/(J-K-L))	50.1	49.8	49.6		49.6		50.1
Calculations may differ due to rounding.



REG G RECONCILIATIONS

ENTERGY LOUISIANA FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES (a)
2012-2016

($ millions)	2016	2015	2014		2013		2012
As-reported earnings applicable to common equity (A)	622.0	440.9	438.2		406.3		432.3
Preferred dividends	—	5.7	7.8		7.8		7.8
Tax-effected interest expense	159.4	153.5	140.9		134.6		122.1
As-reported earnings applicable to common equity adjusted for
preferred dividends and tax-effected interest expense (B)	781.4	600.1	586.9		548.7		562.2

Special items
Transmission business spin-merge expenses	—	—	—		(4.0	)	(11.2	)
HCM implementation expenses	—	—	(3.5	)	(5.1	)	—
Total special items (C)	—	—	(3.5	)	(9.1	)	(11.2	)

Operational earnings adjusted for preferred
dividends and tax-effected interest expense (B-C)	781.4	600.1	590.4		557.8		573.4
Operational earnings (A-C)	622.0	440.9	441.7		415.4		443.5
Average invested capital (D)	10,266	9,481	9,235		8,977		8,257
Average invested capital, excluding securitization (E)	10,156	9,350	9,084		8,806		8,066
Average members’ equity (F)	4,910	4,487	4,282		4,335		4,066

Gross debt (G)	5,817	4,897	4,980		4,706		4,357
Less securitization debt (H)	99	121	141		162		179
Gross debt, excluding securitization debt (G-H)	5,718	4,776	4,839		4,545		4,178
Less cash and cash equivalents (I)	214	35	321		140		66
Net debt, excluding securitization debt (G-H-I)	5,504	4,741	4,518		4,405		4,112

Total capitalization (J)	10,898	9,634	9,327		9,143		8,811
Less securitization debt (K)	99	121	141		162		179
Total capitalization, excluding securitization debt (J-K)	10,799	9,513	9,186		8,981		8,632
Less cash and cash equivalents (L)	214	35	321		140		66
Net capitalization, excluding securitization debt (J-K-L)	10,585	9,478	8,865		8,841		8,566

(%)
ROIC – As-Reported (B/D)	7.6	6.3	6.4		6.1		6.8
ROIC – Operational ((B-C)/E)	7.7	6.4	6.5		6.3		7.1
Return on average members’ equity – As-Reported (A/F)	12.7	9.8	10.2		9.4		10.6
Return on average members’ equity – Operational ((A-C)/F)	12.7	9.8	10.3		9.6		10.9
Debt to capital (G/J)	53.4	50.8	53.4		51.5		49.5
Debt to capital ratio, excluding securitization debt ((G-H)/(J-K))	52.9	50.2	52.7		50.6		48.4
Net debt to net capital, excluding securitization debt ((G-H-I)/(J-K-L))	52.0	50.0	51.0		49.8		48.0
Calculations may differ due to rounding.
(a) On Sept. 1, 2015, ELL transferred its Algiers assets to ENOI. The effect of the Algiers transfer has been retrospectively applied to ENOI's but not ELL's financial data presented in this report.



REG G RECONCILIATIONS

ENTERGY MISSISSIPPI FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
2012-2016

($ millions)	2016	2015	2014		2013		2012
As-reported earnings applicable to common stock (A)	106.7	89.9	72.0		79.3		43.9
Preferred dividends	2.4	2.8	2.8		2.8		2.8
Tax-effected interest expense	33.3	34.6	34.3		35.4		34.0
As-reported earnings applicable to common stock adjusted for preferred
dividends and tax-effected interest expense (B)	142.4	127.3	109.1		117.5		80.8

Special items
Transmission business spin-merge expenses	—	—	—		(0.9	)	(7.5	)
HCM implementation expenses	—	—	(1.2	)	(4.5	)	—
Total special items (C)	—	—	(1.2	)	(5.4	)	(7.5	)

Operational earnings adjusted for preferred
dividends and tax-effected interest expense (B-C)	142.4	127.3	110.3		122.9		88.3
Operational earnings (A-C)	106.7	89.9	73.2		84.7		51.4
Average invested capital (D)	2,174	2,086	2,053		2,068		1,946
Average common equity (E)	1,053	987	957		916		858

Gross debt (F)	1,121	1,048	1,048		1,044		1,161
Less cash and cash equivalents (G)	77	146	62		—		53
Net debt (F-G)	1,044	902	986		1,044		1,108

Total capitalization (H)	2,236	2,110	2,061		2,046		2,091
Less cash and cash equivalents (I)	77	146	62		—		53
Net capitalization (H-I)	2,159	1,964	1,999		2,046		2,038

(%)
ROIC – As-Reported (B/D)	6.6	6.1	5.3		5.7		4.2
ROIC – Operational ((B-C)/D)	6.6	6.1	5.4		5.9		4.5
ROE – As-Reported (A/E)	10.1	9.1	7.5		8.7		5.1
ROE – Operational ((A-C)/E)	10.1	9.1	7.7		9.3		6.0
Debt to capital (F/H)	50.2	49.7	50.9		51.0		55.5
Net debt to net capital ((F-G)/(H-I))	48.4	45.9	49.3		51.0		54.4
Calculations may differ due to rounding.


ENTERGY NEW ORLEANS FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES (a)
2012-2016

($ millions)	2016	2015	2014		2013		2012
As-reported earnings applicable to common stock (A)	47.9	44.0	30.0		11.6		18.9
Preferred dividends	1.0	1.0	1.0		1.0		0.9
Tax-effected interest expense	12.7	10.3	9.8		9.9		8.3
As-reported earnings applicable to common stock adjusted for preferred
dividends and tax-effected interest expense (B)	61.6	55.3	40.8		22.5		28.1

Special items
Transmission business spin-merge expenses	—	—	—		(0.1	)	(0.9	)
HCM implementation expenses	—	—	(0.4	)	(2.7	)	—
Total special items (C)	—	—	(0.4	)	(2.9	)	(0.9	)

Operational earnings adjusted for preferred
dividends and tax-effected interest expense (B-C)	61.6	55.3	41.2		25.2		29.0
Operational earnings (A-C)	47.9	44.0	30.4		14.5		19.8
Average invested capital (D)	804	632	538		503		455
Average invested capital, excluding securitization (E)	714	584	538		503		455
Average common equity (F)	388	289	217		201		188

Gross debt (G)	449	343	304		298		266
Less securitization debt (H)	85	96	—		—		—
Gross debt, excluding securitization debt (G-H)	364	247	304		298		266
Less cash and cash equivalents (I)	103	89	42		33		9
Net debt, excluding securitization debt (G-H-I)	261	158	262		265		257

Total capitalization (J)	896	713	551		524		481
Less securitization debt (K)	85	96	—		—		—



Total capitalization, excluding securitization debt (J-K)	811	617	551	524	481
Less cash and cash equivalents (L)	103	89	42	33	9
Net capitalization, excluding securitization debt (J-K-L)	708	528	509	491	472

(%)
ROIC – As-Reported (B/D)	7.7	8.7	7.6	4.5	6.2
ROIC – Operational ((B-C)/E)	8.6	9.5	7.7	5.0	6.4
ROE – As-Reported (A/F)	12.3	15.2	13.8	5.8	10.0
ROE – Operational ((A-C)/F)	12.3	15.2	14.0	7.2	10.5
Debt to capital (G/J)	50.1	48.1	55.1	56.9	55.2
Debt to capital, excluding securitization debt ((G-H)/(J-K))	44.9	40.0	55.1	56.9	55.2
Net debt to net capital, excluding securitization debt ((G-H-I)/(J-K-L))	36.9	30.0	51.3	53.9	54.4
Calculations may differ due to rounding.
(a) On Sept. 1, 2015, ELL transferred its Algiers assets to ENOI. The effect of the Algiers transfer has been retrospectively applied to ENOI's but not ELL's financial data presented in this report.



REG G RECONCILIATIONS

SYSTEM ENERGY RESOURCES FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
2012-2016

($ millions)	2016	2015	2014	2013	2012
As-reported net income (A)	96.7	111.3	96.3	113.7	111.9
Preferred dividends	—	—	—	—	—
Tax-effected interest expense	21.9	26.7	35.1	23.0	23.4
As-reported net income adjusted for preferred
dividends and tax-effected interest expense (B)	118.6	138.0	131.4	136.7	135.3

Special items
Transmission business spin-merge expenses	—	—	—	—	—
HCM implementation expenses	—	—	—	—	—
Total special items (C)	—	—	—	—	—

Operational earnings adjusted for preferred
dividends and tax-effected interest expense (B-C)	118.6	138.0	131.4	136.7	135.3
Operational earnings (A-C)	96.7	111.3	96.3	113.7	111.9
Average invested capital (D)	1,355	1,476	1,612	1,637	1,592
Average common equity (E)	760	826	873	854	817

Gross debt (F)	618	573	727	751	815
Less cash and cash equivalents (G)	246	231	223	127	84
Net debt (F-G)	372	342	504	624	731

Total capitalization (H)	1,357	1,354	1,598	1,627	1,648
Less cash and cash equivalents (I)	246	231	223	127	84
Net capitalization (H-I)	1,111	1,123	1,375	1,500	1,564

(%)
ROIC – As-Reported (B/D)	8.8	9.3	8.2	8.3	8.5
ROIC – Operational ((B-C)/D)	8.8	9.3	8.2	8.3	8.5
ROE – As-Reported (A/E)	12.7	13.5	11.0	13.3	13.7
ROE – Operational ((A-C)/E)	12.7	13.5	11.0	13.3	13.7
Debt to capital (F/H)	45.5	42.3	45.7	46.2	49.5
Net debt to net capital ((F-G)/(H-I))	33.5	30.5	36.9	41.6	46.8
Calculations may differ due to rounding.



REG G RECONCILIATIONS

ENTERGY WHOLESALE COMMODITIES FINANCIAL AND OPERATIONAL METRICS – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
2012-2016

($ millions)	2016		2015		2014		2013		2012
As-reported net income (loss) attributable to Entergy Corporation (A)	(1,495.3	)	(1,067.8	)	292.3		42.9		40.4
Less special items (B)	(1,855.3	)	(1,252.4	)	(101.8	)	(219.8	)	(223.5	)
Operational earnings (A-B)	360.0		184.6		394.1		262.7		263.9

Net income (loss)	(1,493	)	(1,066	)	295		43		40
Add back: interest expense	23		27		17		16		18
Add back: income tax expense	(1,192	)	(610	)	177		(77	)	61
Add back: depreciation and amortization	200		239		276		216		176
Subtract: interest and investment income	108		149		114		138		105
Add back: decommissioning expense	175		138		142		125		72
Adjusted EBITDA	(2,396	)	(1,421	)	792		185		262
Add back pre-tax special items for:
HCM implementation expenses	—		—		3		24		—
Nuclear plant impairments and costs associated with decisions to close or sell plants	2,910		2,054		154		343		356
Top Deer investment impairment	—		37		—		—		—
Gain on sale of Rhode Island State Energy Center	—		(154	)	—		—		—
DOE litigation awards for Vermont Yankee and FitzPatrick	(34	)	—		—		—		—
Operational adjusted EBITDA	480		515		950		553		618

EWC As-reported net revenue (C)	1,542		1,666		2,224		1,802		1,854
EWC Special items included in net revenue:
Items associated with decisions to close or sell plants	41		—		—		—		—
Total (D)	41		—		—		—		—
EWC Operational net revenue (C-D)	1,501		1,666		2,224		1,802		1,854

EWC Nuclear As-reported net revenue (E)	1,533		1,613		2,166		1,737		1,957
EWC Nuclear Special items included in net revenue:
Items associated with decisions to close or sell plants	41		—		—		—		—
Total (F)	41		—		—		—		—
EWC Nuclear Operational net revenue (E-F)	1,492		1,613		2,166		1,737		1,957
Calculations may differ due to rounding.



ENTERGY WHOLESALE COMMODITIES FINANCIAL AND OPERATIONAL METRICS – RECONCILIATION OF GAAP TO NON-GAAP MEASURES
1Q15-4Q16

($ millions)	1Q16		2Q16		3Q16		4Q16		1Q15		2Q15		3Q15		4Q15
As-reported net income (loss) attributable to Entergy Corporation (G)	79.0		250.3		7.7		(1,832.3	)	122.9		(4.1	)	(1,032.0	)	(154.7	)
Less special items (H)	(12.9	)	9.6		(27.5	)	(1,824.6	)	(4.6	)	(1.1	)	(1,063.7	)	(183.0	)
Operational earnings (G-H)	91.9		240.7		35.2		(7.7	)	127.5		(3.0	)	31.7		28.3

Net income (loss)	80		251		8		(1,832	)	123		(4	)	(1,032	)	(154	)
Add back: interest expense	6		6		5		5		6		6		7		8
Add back: income tax expense	52		(235	)	6		(1,016	)	70		(3	)	(555	)	(123	)
Add back: depreciation and amortization	56		46		53		45		62		64		60		53
Subtract: interest and investment income	27		34		27		21		50		36		29		33
Add back: decommissioning expense	31		39		47		58		35		33		33		36
Adjusted EBITDA	199		73		93		(2,761	)	247		60		(1,515	)	(213	)
Add back pre-tax special items for:
Nuclear plant impairments and costs associated with decisions to close or sell plants	20		19		42		2,829		7		2		1,644		401
Top Deer investment impairment	—		—		—		—		—		—		—		37
Gain on sale of Rhode Island State Energy Center	—		—		—		—		—		—		—		(154	)
DOE litigation awards for Vermont Yankee and FitzPatrick	—		(34	)	—		—		—		—		—		—
Operational adjusted EBITDA	219		58		135		68		254		62		129		70

EWC As-reported net revenue (I)	466		293		396		387		527		350		410		379
EWC Special items included in net revenue:
Items associated with decisions to close or sell plants	—		—		8		33		—		—		—		—
Total (J)	—		—		8		33		—		—		—		—
EWC Operational net revenue (I-J)	466		293		388		354		527		350		410		379

EWC Nuclear As-reported net revenue (K)	464		290		396		382		511		336		395		371
EWC Nuclear Special items included in net revenue:
Items associated with decisions to close or sell plants	—		—		8		33		—		—
Total (L)	—		—		8		33		—		—		—		—
EWC Nuclear Operational net revenue (K-L)	464		290		388		349		511		336		395		371
Calculations may differ due to rounding.

ENTERGY CORPORATION AND SUBSIDIARIES

INVESTOR NEWS

ENTERGY COMMON STOCK PRICES

Entergy’s quarterly earnings results, webcasts, presentations, dividend

The high and low trading prices for each quarterly period in 2016 and 2015

action and other news and information of investor interest may be obtained

were as follows (in dollars):

by visiting the investor information page on Entergy’s corporate website at

2016

2015

entergy.com and the Investor Relations mobile web app at iretr.com, or by calling

QUARTER

HIGH

LOW

HIGH

LOW

Entergy's Investor Relations information line at 1-888-ENTERGY (368-3749).

79.72

65.38

90.33

73.88

81.36

72.67

79.84

69.06

INVESTOR RELATIONS

82.09

75.99

74.09

61.27

Securities analysts, portfolio managers, and other members of the financial

76.56

66.71

70.67

63.90

community may contact:

David Borde

DIVIDEND PAYMENTS

Vice President, Investor Relations

The Board of Directors declares dividends quarterly and sets the record and

Telephone: 504-576-5668

payment dates. Subject to Board discretion, those dates for 2017 are:

E–mail: dborde@entergy.com

DECLARATION DATE

RECORD DATE

PAYMENT DATE

SHAREHOLDER ACCOUNT INFORMATION

January 27

February 9

March 1

Wells Fargo Shareowner Services is Entergy’s transfer agent,

April 5

May 11

June 1

registrar, dividend disbursing agent, and dividend reinvestment

July 28

August 10

September 1

and stock purchase plan agent. Shareholders of record with

October 27

November 9

December 1

questions about lost certificates, lost or missing dividend checks

or notifications of change of address should contact:

Quarterly dividend payments (in cents-per-share):

Wells Fargo Shareowner Services

P.O. Box 64874

QUARTER

2017

2016

2015

2014

2013

St. Paul, MN 55164-0874

Phone: 1-855-854-1360

Internet: www.shareholderonline.com

CORPORATE GOVERNANCE

Entergy’s Corporate Governance Guidelines, Board Committee Charters

PREFERRED STOCK DIVIDEND PAYMENTS

for the Corporate Governance, Audit, and Personnel Committees, and

The board of directors for each preferred stock issuer declares preferred

Entergy’s Code of Entegrity and other ethics policies may be accessed

dividends quarterly and sets the record and payment dates. Subject to

electronically by selecting the investor information page on Entergy’s

their discretion, those dates for 2017 and 2018 are:

corporate website at entergy.com.

UTILITY OPERATING COMPANY

RECORD DATE

PAYMENT DATE

ADDITIONAL INFORMATION

Entergy Arkansas, Inc.

12/19/16

1/3/17

For copies of the above Corporate Governance documents, Entergy’s

3/20/17

4/3/17

10-K and 10-Q reports filed with the Securities and Exchange

6/21/17

7/3/17

Commission, or for other investor information, call 1-888-ENTERGY

9/20/17

10/2/17

or write to:

12/13/17

1/2/18

Entergy Corporation

3/21/18

4/2/18

Investor Relations

6/20/18

7/2/18

P.O. Box 61000

9/19/18

10/1/18

New Orleans, LA 70161

Entergy Mississippi, Inc.

1/20/17

2/1/17

4/19/17

5/1/17

COMMON STOCK INFORMATION

7/19/17

8/1/17

The company’s common stock is listed on the New York and Chicago

10/23/17

11/1/17

exchanges under the symbol “ETR” (CUSIP 29364G103). The Entergy

1/22/18

2/1/18

share price is reported daily in the financial press under “Entergy” in

4/18/18

5/1/18

most listings of New York Stock Exchange securities. Entergy common

7/20/18

8/1/17

stock is a component of the following indices: S&P 500, S&P Utilities

10/22/18

11/1/18

Index, Philadelphia Utility Index and the NYSE Composite Index,

Entergy New Orleans, Inc.

12/19/16

1/3/17

among others.

3/20/17

4/3/17

6/21/17

7/3/17

As of Jan. 31, 2017, there were 180,118,291 shares of Entergy

9/20/17

10/2/17

common stock outstanding. Shareholders of record totaled

12/13/17

1/2/18

27,382, and approximately 161,735 investors held Entergy stock in

3/21/18

4/2/18

“street name” through a broker.

6/20/18

7/2/18

9/19/18

10/1/18

CERTIFICATIONS

In May 2016, Entergy’s Chief Executive Officer certified to the

New York Stock Exchange that he was not aware of any violation

of the NYSE corporate governance listing standards. Also, Entergy

filed certifications regarding the quality of the company’s public

disclosure, required by Section 302 of the Sarbanes-Oxley Act of

2002, as exhibits to our Annual Report on Form 10-K for the fiscal year

ended Dec. 31, 2016.

ENTERGY CORP /DE/ - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - June 13, 2017

Attached files